CAD movement after inflation data
Watching $CADUSD today, it feels like the market is still digesting the recent inflation numbers out of Canada. We're seeing it hover around 0.71792, up a little for the day. That range of 0.7175 to 0.71849 is pretty tight, suggesting some indecision or maybe just a bit of consolidation.
On the flip side, $EURCAD is also showing some minor movement, currently at 1.60643. Given the $CADUSD movement, I'm curious if anyone is seeing a stronger directional bias emerge for CAD next week, especially if we get any more clarity from the BOC or upcoming economic releases. What are your watchlists looking like?
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