Inflation CPI in Canada (June): 2.7% YoY vs 2.7% exp, and 2.9% previously (-0.1% MoM vs exp. 0.1% MoM and 0.6% previously)
Canadian Core CPI MoM Actual 0.1% (Forecast -, Previous 0.3%)
- Canadian CPI (Trim) came in 2.9% YoY vs 2.8% exp. and 2.9% previously
- Canadian CPI (Median) came in 2.6% YoY vs 2.7% exp. and 2.8% previously
- BoC Core CPI came in 1.9% YoY vs 1.8% previously (-0.1% MoM vs 0.6% previously
- Canadian CPI Common came in 2.3% vs 2.4% previously
House Starts in Canada (June) came in 241.7k vs 254.1k exp. and 264.5k previously
USDCAD gains after quite mixed Canadian inflation data and strong retail sales report from the US.
Source: xStation5
Source: Statisitcs Canada, Bloomberg Finance L.P. , XTB Research
BREAKING: EURUSD remains flat after US PMI report 📌
Technical Analysis - USDIDX (02.01.2026)
Daily Summary - Previous metals rebound, FOMC still see cuts
Minutes FOMC: Further cuts are possible if inflation eases. EURUSD limits decline