The Canadian commodity price index rose 3.5% in September, exceeding the 2.3% rise expected by markets. In August, the Canadian Commodity Price Index had increased by 3%.
What is the Canadian Commodity Price Index?
The Commodity Price Index published by Statistics Canada measures the prices of major raw materials paid by Canadian manufacturers. The index is an early indicator for measuring inflation and price changes. A high reading is considered positive or bullish for the CAD, while a low reading is considered negative or bearish.
When is the next Canadian commodity price index reported?
The next Canadian Commodity Price Index data will be released on November 17 at 13:30 GMT.
Price of the Canadian Dollar today
Below is the percentage evolution of the Canadian Dollar (CAD) against the currencies listed today. The Canadian Dollar was the weakest currency against the Euro.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.31% | 0.05% | 0.03% | 0.17% | 0.02% | 0.34% | -0.29% | |
| EUR | 0.31% | 0.37% | 0.35% | 0.47% | 0.33% | 0.66% | 0.01% | |
| GBP | -0.05% | -0.36% | -0.01% | 0.12% | -0.04% | 0.30% | -0.35% | |
| CAD | -0.05% | -0.36% | 0.00% | 0.08% | -0.02% | 0.29% | -0.34% | |
| AUD | -0.15% | -0.46% | -0.10% | -0.11% | -0.15% | 0.19% | -0.46% | |
| JPY | -0.01% | -0.35% | 0.02% | 0.02% | 0.15% | 0.35% | -0.32% | |
| NZD | -0.34% | -0.67% | -0.33% | -0.31% | -0.19% | -0.33% | -0.65% | |
| CHF | 0.30% | -0.01% | 0.34% | 0.35% | 0.45% | 0.31% | 0.65% |
The heat map shows the percentage changes of the major currencies against each other. The base currency is chosen in the left column, while the quote currency is chosen in the top row. For example, if you choose the euro in the left column and scroll down the horizontal line to the Japanese yen, the percentage change that appears in the box will represent EUR (base)/JPY (quote).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
