Daily Market Updates: Loonie gives back part of its rally on soft Canadian inflation

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Loonie gives back part of its rally on soft Canadian inflation

Reported · Written up by our desk · Major Pairs

Canadian inflation came in under forecast, and USD/CAD rose off its lowest level since September 23 on the release, though it's still on track for a third straight loss. The low just above 1.4050 came in the bars before the numbers, and the price went back above 1.4100 in the release bar.

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FXStreetLoonie gives back part of its rally on soft Canadian inflation

Forex

Loonie gives back part of its rally on soft Canadian inflation

More like this

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