Uptick in Canada Consumer Price Index (CPI) to Fuel USD/CAD Weakness

Uptick in Canada Consumer Price Index (CPI) to Fuel USD/CAD Weakness

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USD/CAD may extend the decline following the FOMC Minutes as Canada’s Consumer Price Index (CPI) is projected to pick up for the first time since January.

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Certainly, next week will raise the bar in terms of expectations for market-moving commentary from policymakers, with the Federal Reserve's Economic Policy Symposium set to take place from August 24 ...Continue Reading

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The US Dollar may not capitalize on a rebound in consumer confidence as political instability fears undermine Federal Reserve interest rate hike prospects.
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Next week brings the Jackson Hole Economic Symposium, and appearances by Fed Chair Janet Yellen and ECB President Mario Draghi will be widely-watched for clues around the bank's near-term stance towar...Continue Reading

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