By Justin Mcqueen — Sep 19 - 06:15 AM
Oil prices continues grind higher, keeping USD/CAD under pressure
CAD quietly outperforms G10 counterparts as oil, US growth underpins
Break below 200-DMA (1.3464) opens door to 1.3400-10
Event risk: Canadian CPI at 1330BST; 3.8% expected, up from 3.3%
Core CPI (Avg trimmed/median) in focus for BoC, 3M annualised at 3.4-3.6%
Hot CPI likely to keep door open to final BoC hike by year-end
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary