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EURUSD and GBPUSD Rise on Softer U.S. Inflation; USDCAD Slides Amid Trade Tensions and Sanctions

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The Story

News Summary

  • U.S.
  • CPI rose less than expected, supporting Fed rate cuts, pushing EURUSD and GBPUSD slightly higher, while USDCAD weakened amid renewed U.S.-Canada trade tensions and Russian sanctions impacting oil-linked currencies.
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EURUSD price history

1.15 -0.86% over the displayed period

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