• Canada building permits for April -6.6% vs 2.0% estimate

    Source: Buzz FX / 11 Jun 2025 05:46:36   America/Los_Angeles


    - Prior month -4.1% revised to -5.3%
    - Building permits for April -6.6% vs 2.0% estimate.
    Much worse than expectations on the month and revision. The USDCAD has moved lower as the market is paying attention to the lower US CPI data initiall
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