
Canada Inflation Rises as USDCAD Exchange Rate Dips Below 1.40 - Insights and Analysis
Canada Inflation Ticks Up, USDCAD Rate Falls Below 1.40
Source: FX Leaders
Current Market Trends
* USDCAD fell to 1.40 as the USD weakened while crude oil increased by $2.
* The impact of rising Canadian inflation has pulled the currency pair below the 1.40 mark.
Canada’s Inflation