Canadian Dollar Recovers as Rate Outlook and Rising Inflation in Canada in September Draw Attention

The USD/CAD pair recovered some of its losses after a hawkish signal from the Bank of Canada in an interview with its governor, while TD Securities expects another rate hike. Meanwhile, WSJ coverage indicated that inflation in Canada rose in September, with a jump in gasoline prices.

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• The USD/CAD pair recovered some of its losses after pressure caused by a hawkish signal from the Bank of Canada.

  «تعافى زوج الدولار الأمريكي/الدولار الكندي USD/CAD بعض الخسائر بعد أن تعرض لضغوط من الإشارة المتشددة من بنك كندا»

  ar.fxstreet
• TD Securities expects another rate hike from the Bank of Canada.

  «ويتوقع TD Securities رفعًا آخر للفائدة من بنك كندا.»

  ar.fxstreet
• Inflation in Canada rose in September amid a jump in gasoline prices.

  «Canada Inflation Heats Up in September With Jump in Gas Prices»

  WSJ

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