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Canada Feb Bank of Canada Consumer Price Index Core (MoM) improves 0.7% and (YoY) grows 1.4%

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Forex: USD/CAD collapses to 1.0156/58 after Canadian CPI

The USD/CAD has edged higher during European trading Wednesday, having peaked briefly ant an intraday high of 1.0197. The 1.0200 mark proved too much to summit however, and in the aftermath of Canadian economic data, the pair was collapsing towards the 1.0156/58 mark in these moments.
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