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If the Core PCE Index comes in higher than expected, it could trigger a significant market reaction, as it would suggest that inflationary pressures are more persistent than previously thought.
On Tuesday, August 20, the Canadian Consumer Price Index (CPI) is forecasted to rise by 0.40% month-over-month, a reversal from the previous decline of -0.10%. This data release could exert downward pressure on the USD/CAD if the pair has not …
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