Intraday Market Thoughts
Archived IMT (2009.05.20)
by
May 20, 2009 11:36
The expected 0.6% in Canada CPI (due at 11:00 GMT, 12:00 London) from 1.2% is the headline CPI y/y, which would be a substantial drop for a y/y basis (lowest since Nov 2001). Core CPI is expected to slow to 1.8% y/y from 2.0%. If we do get anyting lower than 0.8% in the annual headline, expect renewed losses for CAD, hence USDCAD could jump towards 1.1645-50s. Rising oil prices may come in the way of falling CAD.
Latest IMTs
-
USDJPY Jumps on Dovish Picks
by Ashraf Laidi | Feb 25, 2026 11:40
-
Gold $5000?
by Ashraf Laidi | Feb 24, 2026 14:21
-
DXY Net Longs
by Ashraf Laidi | Feb 23, 2026 14:20
-
Iran Polymarket & Fed Odds
by Ashraf Laidi | Feb 20, 2026 11:27
-
Gold, Iran & Oil
by Ashraf Laidi | Feb 19, 2026 16:40




