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BREAKING: Inflation in Canada below expectations; USDCAD gains significantly

1:35 PM 19 March 2024

Canadian CPI NSA (M/M) Feb: 0.3% (est 0.6%; prev 0.0%)

- CPI (Y/Y) Feb: 2.8% (est 3.1%; prev 2.9%)

- CPI Core Median (Y/Y) Feb: 3.1% (est 3.3%; prev 3.3%)

- CPI Core Trim (Y/Y) Feb: 3.2% (est 3.4%; prev 3.4%)

USDCAD pair clearly gained (CAD weakened) after macro data reading

Source: xStation

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