AUDCAD: BULLISH DOGMA
The CPI(QoQ) which is scheduled for release on Wednesday 25th is expected to come out bad but remember, sometimes bad news is good news. Although, the news may come out below
consensus, inflation may beat the last quarter! Now that's the kicker as this will send a clear message, the Australian Economy is stabilizing.
WHY CAD?
On this same day, the BoC would be making their impactful interest rate annocement and i trust they will keep it unchanged thereby fueling the dovish stance of J. Powel last Thursday
consensus, inflation may beat the last quarter! Now that's the kicker as this will send a clear message, the Australian Economy is stabilizing.
WHY CAD?
On this same day, the BoC would be making their impactful interest rate annocement and i trust they will keep it unchanged thereby fueling the dovish stance of J. Powel last Thursday
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.