Hi,
I am sorry it is so late, I was just out of time.
0700 CAD Core CPI m/m expected at -0.4%
If it comes out between -0.5% and -0.3%, USD/CAD should go down 30-40 pips on the goldilocks scenario
If it comes out -0.7% or lower, OR +0.1% or higher, USD/CAD should rise 30-40 pips on either deflationary or inflationary surprise fears.
To our success,
Sir Pipsalot && Crazy Cat
I am sorry it is so late, I was just out of time.
0700 CAD Core CPI m/m expected at -0.4%
If it comes out between -0.5% and -0.3%, USD/CAD should go down 30-40 pips on the goldilocks scenario
If it comes out -0.7% or lower, OR +0.1% or higher, USD/CAD should rise 30-40 pips on either deflationary or inflationary surprise fears.
To our success,
Sir Pipsalot && Crazy Cat
