Canadian Dollar found room up top, bolstered by floundering Greenback.
Canada to deliver update on CPI inflation on Tuesday.
Risk appetite remains subdued as markets await signs of rate cuts.
The Canadian Dollar (CAD) found some room on the high side on Monday, easing higher as the US Dollar softly receded across the board. Investors have little meaningful information to chew on to kick off the new trading week, leaving market sentiment adrift.
Canada will deliver an update on Canadian Consumer Price Index (CPI) inflation on Tuesday. Outside of Friday’s upcoming Canadian Gross Domestic Product (GDP) print, this week's agenda includes little else, save for a Monday appearance from Bank of Canada (BoC) Governor Tiff Macklem. USD traders will also have a long wait for US Durable Goods Orders and US Personal Consumption Expenditures (PCE) Price Index, both of which are due on Friday.
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