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Pip Wrangler
@nico_pipsGeneralSTANDARD0 comments0 likes2 views
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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