Canadian dollar gains as investors eye U.S. inflation pressures

The Canadian dollar CADUSD strengthened against its U.S. counterpart on Thursday as domestic data showed wage growth picking up and ahead of U.S. inflation data that could offer clues on the prospect of Federal Reserve interest rate cuts. The loonie was trading 0.3% higher at 1.3665 to the U.S.…#federalreserve #darrenrichardson #pce #statisticscanada #bankofcanada #ustreasuries
Source: Reuters: Health - Category: Consumer Health News Source Type: news