Canadian dollar jumps to 6-week high on hot inflation data
Category:Cross-Border
Updated:2023-09-19
“Today's above-consensus print is likely to lift market-implied odds on a final hike at the Bank of Canada's October meeting, and the oversold nature of the Canadian dollar going into the release suggests that exchange rate gains could be generated in the shorter term” - Corpay’s Karl Schamotta after this morning’s inflation data.
Read the Yahoo News article here.
Cross-Border
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