United States Redbook Index (YoY) dipped from previous 5.7% to 5.5% in January 16

Jan 21, 2026

Canada Raw Material Price Index above forecasts (-0.5%) in December: Actual (0.5%)

GBP/CAD weakens as sticky UK inflation does little to shift BoE outlook

The British Pound (GBP) edges lower against the Canadian Dollar (CAD) on Wednesday, as the latest UK inflation data fails to derail market expectations for a gradual easing path from the Bank of England (BoE). At the time of writing, GBP/CAD trades around 1.8520, down nearly 0.32% on the day.

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United States Redbook Index (YoY) dipped from previous 5.7% to 5.5% in January 16

Canada Raw Material Price Index above forecasts (-0.5%) in December: Actual (0.5%)

GBP/CAD weakens as sticky UK inflation does little to shift BoE outlook