USD/CAD. Main event of the week: inflation data in Canada (April 22, 15:30 GMT +3)

Inflation reduces the purchasing power of CAD. The Bank of Canada aims to achieve the inflation range of 1% -3%. In general, the high value of this parameter is a precursor to rate increase and therefore the foreseeable growing trend. If the inflation rate in Canada is higher than it was predicted, the Canadian dollar will be strenghten. Read more...http://www.darbasinternete.net/forex-trading-news/params/post/841342/