Home Breaking news: Loonie rises sharply as Canadian inflation surprises on the upside

Breaking news: Loonie rises sharply as Canadian inflation surprises on the upside

Updated: 17 Aug. 2018 | 14:44

The US Dollar is trading down 0.6% at around 1.3080 against the Canadian counterpart with a knee-jerk reaction to 1.3069 after Bank of Canada inflation rose 1.6% y/y, up from 1.3% expected.

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