The Statistics Canada released Canadian CPI data that came out in line with expectations of negative 0.4%.
Supplementary commentary highlighted the impact of falling oil prices, "Gasoline prices fell 5.4% year over year, as declining global crude oil prices led to lower prices at the pump and the first 12-month decrease in the gasoline index since June 2017".
Watch The Live Cover: Click Here
| Historical Data Table: CPI m/m | Economic Calendar for 21.12.2018 | ||||||||
| Date | 20.07.2018 | 17.08.2018 | 21.09.2018 | 19.10.2018 | 19.12.2018 | 9:30 AM | UK Current Accoun | ||
| Actual | 0.10% | 0.50% | 0.10% | -0.40% | -0.40% | 13:30 PM | CAD GDP and Core Retail Sales | ||
| Forecast | 0.10% | 0.10% | 0.10% | 0.10% | -0.40% | 13:30 PM | US Durable Goods Orders and the Final GDP | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 20.12.2018 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/CAD | 0.96495 | 0.96553 | 0.06% | AUD/CAD | 62.33% | 37.67% | |||
| CAD/CHF | 0.73848 | 0.73844 | -0.01% | CAD/CHF | 63.27% | 36.73% | |||
| EUR/CAD | 1.53242 | 1.53299 | 0.04% | EUR/CAD | 26.98% | 73.02% | |||
| USD/CAD | 1.34412 | 1.34502 | 0.07% | USD/CAD | 25.94% | 74.06% | |||