Bank of Canada Core Consumer Price Index – (CAD) – 19/06

 

What is it? Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

When?  At 8:30am eastern time

Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.

 

 

 

  

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