Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 12:34 (GMT) 29 Oct
Canadian IPPI in Sep fell by 0.5% vs a rise by 0.5% in Aug, which leaves the annual price change at -6.1%. The data was marginally under market expectations of down 0.2%. Raw material prices were down 1.1% compared to the 3.8% increase seen in Aug, leaving the annual rate of -21.4%. USD GDP data released at the same time was better than expected, giving equities a boost, but it is too soon to say whether it is enough to take CAD along. M.B.








