Today’s Notable Sentiment Shifts
CAD – The Canadian dollar weakened to its lowest level in nearly two years against USD on Tuesday, as domestic CPI data showed inflation for August eased more than expected.
Canadian CPI M/M printed at –0.3%, versus a consensus of –0.1% and a prior of 0.1%, while CPI Y/Y printed at 7.0%, versus a consensus of 7.3% and a prior of 7.6%.
Canadian CPI M/M printed at –0.3%, versus a consensus of –0.1% and a prior of 0.1%, while CPI Y/Y printed at 7.0%, versus a consensus of 7.3% and a prior of 7.6%.
