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Tag Archives: Canadian Dollar

Canadian Dollar Slips on Weaker CPI Data 

On Tuesday, the Canadian dollar edged lower against its U.S. counterpart as U.S inflation data led some investors to speculate that the Bank of Canada might align with a potential substantial interest rate cut by the Federal Reserve. Canada’s annual inflation rate slowed to 2% in August, down from 2.5% in July, aligning with the […]