United States Pending Home Sales (MoM) came in at -9.3% below forecasts (-0.3%) in December

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.