DislikedEquating news to sole cause of market movement can be misleading. A piece of data is only important to the market to the extent of the market's perception of the data. KPIgnored
Lol cad cpi y/y was over 2% on Friday and caused the the cad to do over 80 pips. The boc will likely be forced to hike rates which will cause a 300 pip move on all cad pairs. Economic data is taken very seriously and plays a massive part in volatility