C$ sticks to tight trading range ahead of U.S. CPI data
By Fergal Smith TORONTO (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Tuesday, with the currency unable to break out of its recent trading range ahead of a key U.S. inflation report that could guide expectations for Federal Reserve interest rate cuts. The loonie was trading nearly unchanged at 1.3660 per U.S. dollar, or 73.21 U.S. cents, after moving in a range of
By Fergal Smith TORONTO (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Tuesday, with the currency unable to break out of its recent trading range ahead of a key U.S. inflation report that could guide expectations for Federal Reserve interest rate cuts. The loonie was trading nearly unchanged at 1.3660 per U.S. dollar, or 73.21 U.S. cents, after moving in a range of
