Canada: Industrial Product Price Index rises more than expected in December

FXStreet (Córdoba) - Canadian Industrial Product Price Index (IPPI) rose 0.7% in December exceeding forecast of 0.3%, mainly because of higher prices for energy and petroleum products, Statistics Canada reported Monday.

The Raw Materials Price Index (RMPI) rose 1.9%, slightly below the 2.0% expected, led by crude energy products.

Feb 3, 2014

Flash: Inflation expectations and political stability positive for USD/JPY - Nomura

Yujiro Goto, FX Strategist at Nomura notes that bond investors’ inflation expectations for one year and two years increased in January and sees low yields and political stability as positive for USD/JPY.

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Feb 3, 2014

Flash: USD/CAD range 1.1-125 fair game into Feb - BMO Capital Markets

Stephen Gallo, European Head of Currency Strategy at BMO Capital Markets note that his expected 1.1025-1.1075 range yesterday was breached on the topside for more than one reason, as is generally the case in FX.

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