Post
@flora_on_fx
F
Florentina Voss
@flora_on_fxGeneralSTANDARD0 comments1 likes3 views
Canada Common CPI just came in at 2.6% — slightly above the 2.5% forecast but still a tick lower than the previous 2.7%, so it's kind of pulling in two directions at once... markets might read the beat-vs-forecast as mildly CAD-supportive but the ongoing downtrend in the number complicates that narrative. I don't follow CAD pairs closely myself but USD/CAD could see some movement around this — though honestly reactions to CPI prints can go either way depending on what positioning already looks like. Worth watching if you trade it, just don't assume the 'obvious' reaction is the one you'll get.
Source: Economic Calendar (2026-07-20 12:30 UTC)
Guest view
Join Setup.Cash to react, comment, and share posts.