Prices in Canada aren’t rising – CPI hasn’t changed in December and Core CPI dropped by 0.3%. This was lower than the already low expectations. This reduces the chances for a rate hike in Canada. The Canadian dollar retreats against the US dollar. USD/CAD now approaches parity once again after sitting at around 0.99 early in the day. The rise began before the release of the inflation figures, and is accelerating afterwards. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next AUD/USD Jan.26 – Aussie Down Against US Dollar Tuesday Tamar Schoppik 11 years Prices in Canada aren't rising - CPI hasn't changed in December and Core CPI dropped by 0.3%. This was lower than the already low expectations. This reduces the chances for a rate hike in Canada. The Canadian dollar retreats against the US dollar. USD/CAD now approaches parity once again after sitting at around 0.99 early in the day. The rise began before the release of the inflation figures, and is accelerating afterwards. 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.
