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June 28, 2023Sterling-Canadian dollar trades at 1.6821 after gaining 6 pips (0.04%).
Meanwhile, Canada Core Consumer Prices released yesterday at 12:30 UTC with a figure of 0.4%, while the previous figure was 0.5%. Canada Consumer Price Index came out at 0.4%, while a consensus of analysts was expecting 0.5%. Canada Core Consumer Prices came out at 3.7%.
Other currencies are also rising as having closed the previous session at 2.067, GBP/NZD is up 0.59% today to currently trade at around 2.0792. Having closed the previous session at 1.6389, EUR/AUD is up 0.76% today to currently trade at around 1.6514.
While Sterling-Canadian dollar is up today, these currencies are lagging behind: AUD/USD is down to 0.6629, losing 59 pips, after closing at 0.6688 in the preceding trading session.
Also worthy of note, United Kingdom MPC Member Tenreyro speech scheduled to come out tomorrow at 16:30 UTC. United Kingdom BoE Gov Bailey speech is expected today at 13:30 UTC. United Kingdom BoE MPC Member Pill speech is scheduled today at 10:30 UTC.
After setting a supportive marker at 1.4665 around 9 months ago, Sterling-Canadian dollar is now trading 14.65% above this level.
