FLreports

NEWS: Canadian dollar continues to trade in lockstep with oil July 17, 2019 at 02:03PM

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Tight correlation develops between loonie and oil
USD/CAD is a bit higher after CPI and manufacturing sales data but there was nothing in the numbers that was particularly notable. CPI fell to 2.0% from 2.4% but that matched the consensus. There may have been some fear of a strong number but it’s not like the BOC

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