USD/CAD: Trading Canada’s Consumer Price Report
January 20th, 2012
What’s Expected: Time of release: 01/20/2012 12:00 GMT, 7:00 EST Primary Pair Impact: USDCAD Expected: 2.7% Previous: 2.9% DailyFX Forecast: 2.5% to 2.8% Why Is This Event Important: Consumer prices in Canada are expected to increase at an annualized 2.7% in December, and the slower rate of inflation could spark a bearish reaction in the loonie as the development dampens expectations for [...]