· Drop in Canadian core CPI gives the Bank of Canada the green light to cut rates next week.
· Dollar gains despite plunge in Philly Fed Index to 7-year lows.
[B]Stories to watch on DailyFX
[/B][B]·[/B] Will Friday’s Canadian data help the USD/CAD rally to continue? Find out in Cross Market Reactions.
[B]·[/B] View our 2008 Second Quarter Currency Forecasts.
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