USD/CAD Post-BoC Recovery to Gather Pace on Strong US CPI Report

The update to the US CPI may keep USD/CAD afloat as evidence of higher inflation puts pressure on the Federal Reserve to normalize monetary policy sooner rather than later.

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US Dollar Range Remains Ahead of CPI: EUR/USD, GBP/USD, USD/CAD

The expectation for tomorrow's CPI print is for an annualized read of 6.8% and the US Dollar retains a bullish bias despite the two-week range that's built near the highs.

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