Colombia Gross Domestic Product (YoY) in line with expectations (0.7%) in 1Q

Canadian Dollar gains ground against softening Greenback as US CPI inflation cools

The Canadian Dollar (CAD) is broadly softer on Wednesday as one of the day’s weakest performers, but the CAD will have to settle for second-worst as the US Dollar (USD) broadly retreats following a cooler-than-expected print of US Consumer Price Index (CPI) inflation.
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US Dollar weakens following April CPI figures

The US Dollar Index (DXY) is trading near 104.4 on Wednesday, showing sharp losses triggered by the softer-than-expected Consumer Price Index (CPI) and flat Retail Sales figures from April.
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