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FX Desk

Euro falls as higher Oil prices support Canadian Dollar amid mixed inflation data

By FXStreet

Euro falls as higher Oil prices support Canadian Dollar amid mixed inflation data

EUR/CAD declines to around 1.6060 on Monday at the time of writing, down 0.17% on the day. The Canadian Dollar (CAD) benefits from the sharp rise in Oil prices, while the latest Canadian inflation data do little to alter the near-term monetary policy outlook.

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Source: FXStreet