UK Inflation Rate Will Impact GBP
The United Kingdom will publish the Inflation Rate on November 17, at 09:00 MT (GMT+2). How will it impact the markets?
Trade the CAD on economic indicators
Canada will release CPI and Core Retail Sales data on October 19 at 15:30 MT time. Both indicators are highly important. As a result, they will affect the Canadian market a lot.
A new agreement between the US, Mexico and Canada were anticipated to support the CAD. However, the effect of the event didn’t last for a long time. The Canadian dollar is under big pressure as the USD strengthens again.
• If data are greater than forecasts, the CAD will rise.
• If data are weaker than forecasts, the CAD will fall.
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Key Data for USD: US Inflation Rate
The US Inflation Rate (CPI) will be released on Wednesday, November 10, at 15:30 MT (GMT+2).
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