Canadian Dollar Remains Weak Post-CPI, as Gold Breaches 2000 Barrier
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/02/f-cad91.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2022/02/f-cad91.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/02/f-cad91-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/02/f-cad91-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/02/f-cad91-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Canadian Dollar exhibited softness in early US session, a reaction to lower-than-expected consumer inflation readings. This development, indicative of ongoing disinflation, could bolster BoC’s confidence to maintain its current policy stance in the upcoming December meeting. Notably, Canadian Dollar has been unique among major currencies in its inability to break above prior week’s high against […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/528366-canadian-dollar-remains-weak-post-cpi-as-gold-breaches-2000-barrier/">Canadian Dollar Remains Weak Post-CPI, as Gold Breaches 2000 Barrier</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment