CAD Core CPI for August came out at 0% compared with previous reading of -0.1%. Core CPI YoY stays stable at 0.9%. CPI YoY at 1.4% vs 1.5% forecast.

Disappointment on Core Retail Sales MoM, 0.2% vs 0.4% forecast with previous number revised down to 0.4% from 0.7%. Retail Sales MoM 0.4% vs 0.1% forecast.

Next Interest Rate decision for Bank of Canada is on October 25th, with current market expectation split almost 50/50.

BoC already raised Interest Rates twice this year surprising the market so far. Volatility on USD/CAD is expected to raise as we get closer to the IR decision.