USD/CAD at key juncture ahead of US CPI and Canadian jobs data​

After this morning’s big moves in the Turkish Lira, euro and pound, and the sizeable stock market falls, more volatility is expected in the early North American session. That’s because we will have important data from both the United Staes and Canada, making the U.S. dollar/Canadian dollar (USD/CAD) currency pair a particularly interesting pair to watch when the data are released at 13:30 BST (08:30 EDT). From the United States, we will have consumer inflation figures for July while from Canada we will get to see how well or otherwise the jobs market held in the same month.

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From:: Resource Investor