Gold falls to lowest level since August on Fed rate rise hint – Binary Options Daily Review
The Canadian dollar remains strong following a rate hike that was not really priced in, the Bank of Canada also hinted that further rate rises could be on the cards. The Bank said any decisions on rates will be data-dependent and inflation remains key. Headline CPI remained flat in July while core CPI slipped by 0.1%. Common CPI advanced 1.4% y/y. CPI is forecast to edge up 0.2% in August.