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C$ strengthens to session high after inflation data

canadian-dollarTORONTO: The Canadian dollar strengthened to a session high against its US counterpart on Friday after slightly higher than expected domestic inflation data.

 

At 8:33 a.m. (1333 GMT) the Canadian currency was trading at C$0.9965 to the greenback, or $1.0035, compared to C$0.9970, or $1.0030, just before the release and C$0.9972, or $1.0028 at Thursday's North American close.

 

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