Canada November CPI +2.1% vs +2.0% y/y expected

Canada November CPI data - was 1.4% - Estimates ranged from +1.8% to +2.3%
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Economic data coming up in the European session

A light calendar day to end the week To round off the week, the European session calendar is a bit of a dud so let's see what the ebb an...
Strong Canada CPI, Retail Sales to Drag on USD/CAD Rate

Faster inflation paired with signs of stronger consumption may spark a bullish reaction in the Canadian dollar as it boosts bets for an immi...
Dollar Drops on Reports that China May Slow or Halt Treasury Purchases

The U.S. Dollar has wiped away post-NFP gains after a report began to circulate indicating that China may be further scale back purchases of...
Pound May Rise on UK CPI as Global Yield Reach Hurts US Dollar

The British Pound may rise as upbeat UK CPI data stokes BOE interest rate speculation. The US Dollar may keep falling as markets reach for y...
Japanese Yen May Fall as Risk Appetite Firms Across Financial Markets

The perennially anti-risk Japanese Yen may weaken against its major currency counterparts as sentiment brightens across financial markets. ...