Forex Trading News: CAD Core CPI and CPI Released
Posted by Mr. Danish FX on Wed, 07/23/2008 - 6:03am in
The Core CPI comes out at 0.1% from the previous 0.3%. This was forecast for a small drop to 0.2%.
The CPI comes out at 0.7%. This was forecast for a rise to 0.5%.
The CAD made gains initially off this data only to reverse very shortly after. The CAD is trading back at almost the exact levels before the CPI data.
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