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Canada’s CPI looms, can CAD/JPY sustain bullish momentum?

Canada’s CPI looms, can CAD/JPY sustain bullish momentum?
Today, eyes are on Canada’s CPI data, with projections pointing towards an uptick. Expectations peg the headline inflation at 3.8% yoy, an increase from July’s 3.3% yoy. Should this materialize, it would represent a consecutive monthly acceleration, with inflation rate soaring to its pinnacle since April, and significantly surpassing BoC’s 2% target. Nevertheless, monthly CPI […] The post Canada’s CPI looms, can CAD/JPY sustain bullish momentum? appeared first on Action Forex... Read More
Posted: Sep 19 2023, 03:56
Author Name: actionforex
Views: 102177

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