Today’s Notable Sentiment Shifts

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CAD – The Canadian dollar weakened to its lowest level in nearly two years against USD on Tuesday, as domestic CPI data showed inflation for August eased more than expected.

Canadian CPI M/M printed at –0.3%, versus a consensus of –0.1% and a prior of 0.1%, while CPI Y/Y printed at 7.0%, versus a consensus of 7.3% and a prior of 7.6%.

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