BREAKING: Canada inflation rate highest since March 2003

The annual inflation rate in Canada roseto 4.1% in August from 3.7% in July and compared to market forecasts of 3.9%, with base effects from last year still weighing. It was the highest inflation rate since March of 2003, with the increase in prices mainly stemming from an accumulation of recent price pressures and from lower price levels in 2020. Excluding gasoline, the CPI rose 3.2%, up from 2.8% in July. On a monthly basis, the CPI rose 0.2% in August, slightly above forecasts of a 0.1% rise.

USDCAD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.2680 level. Source: xStation5

17 September 2026, 6:49 AM

Morning Briefing 🗽 Indices and precious metals recover losses following the Fed decision (17.09.2026)

16 September 2026, 8:19 PM

📊Daily Summary - Hawkish Fed raises rates and signals more. Dollar gains while gold falls

16 September 2026, 7:59 PM

Hawkish move from the Fed! Warsh takes no prisoners in the fight against inflation. US500 at its lowest since August 3, and gold already below $4,300.

16 September 2026, 7:45 PM

⬇️EURUSD below 1.15 following hawkish Fed

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