Last Friday’s strong Canadian Employment data sets us up for a potential bigger move to the downside today with the scheduled release of the Canadian CPI data.
Strong numbers should see a clean move to the downside, barring any crazy geopolitical influences. See the video for the full details.
Trade Set Up Details
No Trade. The Canadian CPI data came out mixed: weaker CPI M/M -0.4% but BOC core M/M 0.0% was slightly better than last month.
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