USD/CAD trades higher around 1.4020 on Friday at the time of writing, up 0.20% on the day, holding firm above the 1.4000 mark despite the pullback following the release of the US Consumer Price Index (CPI).
USD/CAD is firmer near the top-end of a multi-day 1.4000-1.4080 range. Canada’s September CPI print is up next (1:30pm London, 8:30am New York), BBH FX analysts report.
The Canadian Dollar (CAD) is little changed on the session at writing but spot did pop briefly higher in overnight trade before edging back to the lower end of the trading range seen over the past few sessions, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.