USD/CAD declines amid softer Greenback and mixed Canadian CPI data

The Canadian Dollar (CAD) trades on the front foot against the US Dollar (USD) on Tuesday, supported by a broadly weaker Greenback, while markets show a muted reaction to the latest Canadian inflation report. At the time of writing, USD/CAD trades around 1.3878, down 0.27% on the day.

USD/CAD declines amid softer Greenback and mixed Canadian CPI data
The Canadian Dollar (CAD) trades on the front foot against the US Dollar (USD) on Tuesday, supported by a broadly weaker Greenback, while markets show a muted reaction to the latest Canadian inflation report. At the time of writing, USD/CAD trades around 1.3878, down 0.27% on the day.

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