Canada: CPI (Feb) rose 1.1% YoY

FXStreet (Edinburgh) -Canadian consumer prices rose 1.1% on a year through February, exceeding expectations at 0.9%. On a monthly basis prices gained 0.8%, vs. 0.6% estimated. The Bank of Canada Core CPI rose 1.2% over the last twelve months and 0.7% on a monthly basis, vs. forecasts at 1.1% and 0.5%, respectively.

USD/CAD dips below 1.1200 on data

The USD/CAD is now plummeting to fresh lows in the area of 1.1175/70 after stronger than expected Canadian data releases...
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EUR/USD sidelined around 1.3790

The EUR’s upside remains capped by the 1.3800 handle on Friday, with the EUR/USD now hovering around 1.3790/85....
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