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The USD/CAD pair traded near 1.3450 after Canadian November CPI fell 0.4 percent month over month and the annual rate eased to 1.7 percent. Traders awaited the Federal Reserve decision later that day.
Softer Canadian inflation and a modest oil rebound leave the loonie range-bound, with limited direct impact on feed commodity prices.
octaafrica.netDec 19, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
