January 2018 Canadian CPI report 23 February 2018

  • Prior 1.9%
  • BOC core 1.2% vs 1.2% prior y/y
  • Core common 1.8% vs 1.6% exp y/y. Prior 1.6%
  • Core Median 1.9% vs 1.9% prior y/y
  • Core trim 1.8% vs 1.9% prior y/y

Much better than expected numbers and the sub core numbers have held up well too. USDCAD fell to 1.2621, slap into support there, though I didn’t get a chance to grab a trade. I’ll see if we get another test.

Ryan Littlestone
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