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Canadian Dollar Latest: CPI Higher, CAD Faces Upside Risks

Canadian Dollar Analysis & News Canadian Inflation Continues to Edge High – BoC Vigilant Upside Risks to CAD as Oil Edges Higher Canadian Inflation Continues to Edge High – BoC Vigilant Canadian Inflation data printed above expectations on both the monthly and yearly rates at 0.2% (vs 0.1%) and 4.1% (vs 3.9%) respectively. Meanwhile, the BoC’s preferred measure (average of median, trim and common CPI) rose to 2.56% from 2.46%. Unlike the Fed, the BoC are seemingl

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MongiIG in Market News

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