United States Core Personal Consumption Expenditures - Price Index (YoY) meets forecasts (2.8%) in April

United States Core Personal Consumption Expenditures - Price Index (YoY) meets forecasts (2.8%) in April
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USD/CAD remains on backfoot after steady US PCE Inflation and Canada’s weak GDP

The USD/CAD pair remains vulnerable near 1.3630 as the United States Bureau of Economic Analysis (BEA) has reported that the Personal Consumption Expenditure Price Index (PCE) report for April was broadly in line with market expectations.
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