Canadian CPI YoY: 1.7% (Forecast 1.7%, Previous 1.7%)
- MoM: 0.6% vs 0.5% exp. and -0.1% previously
USDCAD strengthened at 12 PM GMT and after slightly hotter monthly Canadian CPI reading at 12:30 PM GMT, the pair still holds its gains. However, the pair weakened minutes after the data release.
Source: xStation5
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
3 markets to watch next week: GBPUSD, US500, OIL (06.11.2026)
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🚩 EURUSD loses 0.6%