USD/CAD Outlook: Canadian Dollar Pares Gains After CPI Beats Forecasts

The Canadian Dollar reached its strongest level since 1 June after July CPI beat forecasts, although the advance later faded. The Canadian Dollar initially strengthened on Monday after headline inflation reached the top of the Bank of Canada's target range, but the advance was not sustained.

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Category Forex

Source ExchangeRates

Published 1 month ago

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News ID #7,429

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