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USD/CAD dips and rallies after Canadian CPI inflation recedes faster than expected

https://www.fxstreet.com/news/usd-cad-knocked-back-on-tuesday-after-canadian-cpi-inflation-prints-below-expectations-202402201636
USD/CAD fell to a daily low of 1.3472 on Tuesday before rebounding into an intraday high of 1.3530 after Canadian Consumer Price Index (CPI) inflation fell faster than markets expected…