- The Canadian dollar dipped today amid lower-than-expected Consumer Price Index (CPI) data. CAD monthly CPI came in at 0% versus the expected 0.4%, coming in lower than expected.
- This low CPI data across the board caused the CAD to take a dive.
- Sounds ridiculous doesn't it everyone wants lower CPi but when it comes in lower the currency drops.
- Why there is this 2% bs i'll never know
- Anyway pattern is Return to previous level