This week, doubtlessly softer-than-expected Canadian inflation might pile on BOC fee minimize bets and drag the Loonie decrease towards its main rivals.
Our Occasion Information for the Canadian CPI Report notes that common hourly wages for July got here in effectively beneath expectations, hinting that underlying worth pressures will not be as agency because the headline consensus suggests.
On this situation, setups on USD/CAD and AUD/CAD might present buying and selling alternatives for CAD sellers.
