Canadian February CPI came broadly as-expected, +2.2% year-over-year, Nathan Janzen from the Royal Bank of Canada briefs. USD/CAD is trading at 1.443. Key quotes “In the latest backward-looking economic data, Canadian CPI was broadly as-expected in February rising 0.4% month-over-month and 2.2% from a year ago.” “Headline CPI could easily test the lows seen over the last five years (sub-1% in 2015).” “For the Bank of Canada, all of this means little in the near-term. Lower inflation means the central bank won’t feel conflicted about adding stimulus, but supporting the economy through this shock would have been its top priority anyways.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: Piercing a relevant support level at 1.0950 FX Street 2 years Canadian February CPI came broadly as-expected, +2.2% year-over-year, Nathan Janzen from the Royal Bank of Canada briefs. USD/CAD is trading at 1.443. Key quotes “In the latest backward-looking economic data, Canadian CPI was broadly as-expected in February rising 0.4% month-over-month and 2.2% from a year ago.” “Headline CPI could easily test the lows seen over the last five years (sub-1% in 2015).” “For the Bank of Canada, all of this means little in the near-term. Lower inflation means the central bank won't feel conflicted about adding stimulus, but supporting the economy through this shock would have been its top priority… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
