# USD/CAD turns neutral post-Canadian CPI, FOMC next — Octa

> 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.

- Date: 2018-12-19 · published 2018-12-19T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/61781-usd-cad-turns-neutral-post-canadian-cpi-fomc-next-octa
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Softer Canadian inflation and a modest oil rebound leave the loonie range-bound, with limited direct impact on feed commodity prices.

## Read by commodity

- USDCAD: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/648758/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.