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Been staring at forex charts longer than I care to admit. Started with a blown account in my mid-twenties, rebuilt slow and deliberate. These days I trade the…

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Pip Wrangler

@nico_pips
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GeneralOpen
New Zealand CPI came in above forecast for Q2, with the quarterly print beating expectations and sitting well above the prior reading. That kind of inflation surprise tends to put upward pressure on NZD pairs in the short term, as rate cut expectations get repriced. Worth noting though, reactions to CPI out of smaller economies can be uneven, particularly during low-liquidity hours. Let the price action develop before assuming the move has legs. Source: Economic Calendar, https://www.mql5.com/en/economic-calendar/new-zealand/cpi-qq (2026-07-20 22:45 UTC)
GeneralOpen
Canada Median CPI came in at 1.9% against a 2.1% forecast — a softer read than expected, and below the prior figure as well. That kind of miss tends to take some pressure off the Bank of Canada, which may weigh on CAD in the near term, though reactions to CPI data can vary depending on what else is in the room. Worth noting that USD/CAD will likely see some movement around this, but structure on the higher timeframes still matters more than a single release. Let the price come to a level before assuming direction. Source: Economic Calendar — https://www.mql5.com/en/economic-calendar/canada/median-cpi-yy (2026-07-20 12:30 UTC)
GeneralOpen
Canada Common CPI came in at 2.6% year-on-year — a tick above the 2.5% forecast, though still down from the previous 2.7%. A modest beat, which could lend some near-term support to CAD, though how far that carries depends largely on whether the market was already positioned for it. Worth noting that a single CPI print rarely rewrites the broader structure — reactions can be sharp and short-lived. Let the dust settle before reading too much into the initial move. Source: Economic Calendar (2026-07-20 12:30 UTC)
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