Canadian Dollar Underperforms Ahead of Inflation Data for May

The Canadian Dollar (CAD) trades lower against its major currency peers during the European trading session on Monday, ahead of the Consumer Price Index (CPI) data for May, which will be published at 12:30 GMT. Canadian Dollar Price Today The table below shows the percenta

The Canadian Dollar (CAD) trades lower against its major currency peers during the European trading session on Monday, ahead of the Consumer Price Index (CPI) data for May, which will be published at 12:30 GMT.

Canadian Dollar Price Today The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today

Canadian Dollar was the weakest against the British Pound. The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row.

For example, if you pick the Canadian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CAD (base)/USD (quote). At press time, USD/CAD trades 0.16% higher to near 1.4180, the highest level seen in over a year. Statistics Canada is expected to show that inflationary pressures grew at a faster pace of 3% Year-on-Year (YoY) against 2.8% in April.

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