07:04 AM EDT, 05/20/2025 (MT Newswires) -- The inflation data from Canada on Tuesday will be key for the Canadian dollar (CAD or loonie), said Societe Generale.

Canada will release CPI data for April at 8:30 a.m. ET on Tuesday.

Money markets are pricing only a 67% probability of an additional 25bps cut at the next Bank of Canada policy meeting in June, stated SocGen.