The annual inflation rate in Canada rose to 3.40 % in April from 2.2% in March and above market expectations of 3.2%. Still, it is the steepest inflation rate in a year. On a monthly basis, consumer prices remain unchanged at 0.5% , still above market expectations of 0.4%.
USDCAD broke below 1.2072 support after today's data releases and is currently testing 50 SMA (green line). Should break lower occur, then next support at 1.2014 may be at risk. Source:xStation5
BREAKING: UK GDP and manufacturing lower than expected 📉Final German CPI in line with expectations
Morning wrap (12.12.2025)
BREAKING: US wholesale sales lower than expected
BREAKING: US jobless claims above expectations🗽