Canadian RMPI much lower than expected. USDCAD gains

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Canadian RMPI (Raw Materials Price Index) declined by -1% MoM vs 0.1% exp. and 0.3% exp. (4.7% YoY vs 4.9% previously)

Despite unfavorable for Canadian Dollar report, USDCAD gains after yesterday sell-off as US dollar tries to recover.

Source: xStation5

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