Canadian Dollar flat lines near 1.3700 amid hot US CPI inflation, US-Iran tensions
The USD/CAD pair trades on a flat note near 1.3695 during the early Asian trading hours on Wednesday. Traders continue to assess hot US inflation data and ongoing tensions in the Middle East. The US April Producer Price Index (PPI) report will take center stage later on Wednesday.
The USD/CAD pair may experience increased volatility following the release of the US PPI report, with potential upward pressure on the Canadian Dollar if inflation remains high. Traders are likely to remain cautious due to geopolitical tensions.
The USD/CAD pair trades on a flat note near 1.3695 during the early Asian trading hours on Wednesday. Traders continue to assess hot US inflation data and ongoing tensions in the Middle East. The US April Producer Price Index (PPI) report will take center stage later on Wednesday.
Trade this news on a regulated broker
Turn this story into your next trade — earn cashback on every lot
News moves markets. Open a live account with one of the brokers below and SignalPro pays you cashback on every lot you trade — winning or losing — for the lifetime of your account.
- Open in 5 minutes · USDT TRC20 deposits
- $6.5–$12/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5.5–$10/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5–$9/lot lifetime cashback
- Full SignalPro VIP access included
Trading involves risk of loss. Cashback rates are estimates based on standard lots; actual rebates depend on your account type and instrument. SignalPro receives an introducing-broker commission when you open an account through these links — at no extra cost to you.
Cashback Calculator
How much could you earn back per year?
Move the slider to your real monthly trading volume. We instantly show your estimated yearly cashback at each broker. Cashback is paid for life on every trade you make — closed at a profit or a loss.
Estimates based on published partner cashback programs. Actual rebates depend on account type, instrument, and lot definition. See full VIP Trader Hub →
Trade these moves with SignalPro
Get push alerts the moment our analysts spot setups around news events. Join 50,000+ traders.
Discussion