United Kingdom Consumer Price Index (YoY) above forecasts (3.3%) in April: Actual (3.5%)

May 21, 2025

United Kingdom Retail Price Index (YoY) came in at 4.5%, above forecasts (4.2%) in April

USD/CAD weakens further below 1.3900 amid bearish USD, rising Oil prices

The USD/CAD pair extends the previous day's breakdown momentum below a one-week-old trading range and attracts sellers for the third successive day on Wednesday.