Canadian CPI causes CAD decline

Note: This section contains information in English only.
Source: Dukascopy Bank SA
At 12:30 GMT, Statistics Canada revealed that inflation in Canada had decreased more than expected. The news caused a decline of the Canadian Dollar, as it signals that the Bank of Canada is managing in its fight against inflation and it could reduce its monetary tightening plans.
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Wed, 21 Sep 2022 19:04:12 GMT

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