Canadian dollar arrests recent decline ahead of key CPI data
By Fergal Smith TORONTO (Reuters) - The Canadian dollar was little changed against its U.S. counterpart on Monday, arresting its recent decline, as oil prices rose and traders awaited domestic inflation data that could offer clues on the prospect of interest rate cuts. The loonie was trading nearly unchanged at 1.3535 to the U.S. dollar, or 73.88 U.S. cents, after hitting a nine-day low at
By Fergal Smith TORONTO (Reuters) - The Canadian dollar was little changed against its U.S. counterpart on Monday, arresting its recent decline, as oil prices rose and traders awaited domestic inflation data that could offer clues on the prospect of interest rate cuts. The loonie was trading nearly unchanged at 1.3535 to the U.S. dollar, or 73.88 U.S. cents, after hitting a nine-day low at
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