CAD Bullish as Tier-1 Data Smashes Estimates

[kreslik.news]

This article was written by Jarratt Davis. Jarratt is a professional trader and educator and owner of www.jarrattdavis.com.

With strong economic data of late and a reasonably well supported oil price – on the prospects of another oil meeting in May – the Canadian dollar has seen strength in April. The currency rallied over 600 pips against both the yen and the buck during the month.

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Inflation measures for March, released April 22, smashed estimates ... (read more)