USD/CAD surrenders gains, back to 1.4120

The Canadian dollar is now gaining some pips after hitting fresh multi-year lows vs. its American peer earlier in the session, with USD/CAD hovering over 1.4125/20...
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Inflation will move towards target – Fed’s Lacker

Richmond Fed President Jeffrey Lacker has argued that the pace of inflation will be a key driver in the next rate hikes. He expects that consumer prices will gather traction once energy prices bottom...
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