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The Loonie falls after a stronger US dollar and while awaiting CPI numbers next week

Dec 15, 2018

The USD/CAD had a tranquil day in yesterday’s session; it traded in a narrow range of 45 pips from 1.3338 to 1.3383, with the key piece of information being the new housing price index month to month and year to year, which came in with no surprise at 0 percent and 0.1 percent respectively.

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Today's expected ranges:

USD / CAD
1.3357 – 1.3405 ▲

CAD / EUR
0.6580 – 0.6630 ▲

CAD / GBP
0.5869 – 0.5979 ▲

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