Canada’s CPI looms, can CAD/JPY sustain bullish momentum?

<p>Today, eyes are on Canada&#8217;s CPI data, with projections pointing towards an uptick. Expectations peg the headline inflation at 3.8% yoy, an increase from July&#8217;s 3.3% yoy. Should this materialize, it would represent a consecutive monthly acceleration, with inflation rate soaring to its pinnacle since April, and significantly surpassing BoC&#8217;s 2% target. Nevertheless, monthly CPI [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/519167-canadas-cpi-looms-can-cad-jpy-sustain-bullish-momentum/">Canada&#8217;s CPI looms, can CAD/JPY sustain bullish momentum?</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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