FX Week Ahead - Top 5 Events: August Canada Inflation Report & USD/CAD Rate Forecast
The August Canada inflation report (consumer price index) is due on Wednesday, September 18 at 12:30 GMT.

The August Canada inflation report (consumer price index) is due on Wednesday, September 18 at 12:30 GMT.

The May Canada inflation report (consumer price index) is due on Wednesday, June 19 at 12:30 GMT.

The May Canada jobs report (detailing the employment change and unemployment rate) is due on Friday, June 7 at 12:30 GMT.

The April Canada jobs report (detailing the employment change and unemployment rate) is due on Friday, May 10 at 12:30 GMT.

The commodity currencies are showing increasing strength in recent days, in line with global equity markets continuing their surge higher.

Markets are expecting the Canadian labor market to cool off after exceptionally strong gains in January and February.

USDCADs daily move is already its largest down day since February 22.

With Crude Oil prices rising by 18.5% in January, there was likely a positive impact on Canadian growth.