Week in FX Americas – Loonie Takes Flight In Wrong Direction

Another benign inflation reading from Canada has the CAD ending the week extending its losses above parity outright. The country’s core-inflation rose by an annualized pace or +1.1% on Friday, well below Governor Carney and the Bank of Canada’s medium term inflation target of +2%. So far the week…

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Week in FX Americas – Loonie Takes Flight In Wrong Direction

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