The annual inflation rate in Canada rose to 2.2% in March from 1,1% in February and slightly below market expectations of 2.3%. Still, it is the steepest inflation rate in a year. On a monthly basis, consumer prices remain unchanged at 0.5% and below market expectations of 0.6%.
USDCAD pair rose after today's data releases and is heading towards the resistance at 1.2622. Source:xStation5
BREAKING: University of Michigan sentiment declines! 📉
Germany's exports and imports rise above expectations
Economic calendar: Canadian labor market data and FED speakers 🔎
Morning wrap (07.11.2025)