Canadian Dollar to face the coming CPI data

The Canadian dollar (CAD) has been trading stronger since the last Bank of Canada (BoC) rate cut, but the CPI data coming Tuesday may give it a turn, ING’s FX Strategist Francesco Pesole notes.

Canadian Dollar to face the coming CPI data
The Canadian dollar (CAD) has been trading stronger since the last Bank of Canada (BoC) rate cut, but the CPI data coming Tuesday may give it a turn, ING’s FX Strategist Francesco Pesole notes.