USDCAD potentail longs due to weaker than expected CAD CPI y/y

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The Canadian Consumer Price Index (CPI) for July 2025 showed a year-over-year (YoY) increase of 1.7%, down from 1.9% in June 2025 and below the forecast of 1.8%. The decline in headline inflation was largely due to falling gasoline prices, though food and shelter costs continued to push inflation higher.

Due to the weaker-than-expected economic data, we expect the CAD to weaken against the USD.

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