USD/CAD slumps as Canadian CPI accelerates

USD/CAD slumped to its lowest level in near 2 weeks after data showed consumer inflation rose more than expected in August.
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EUR/USD, another ‘dead-cat bounce’?

The weakness around the single currency is now accelerating, dragging the EUR/USD to test recent lows in sub-1.2850 levels although rebounding to the 1.2865/70 area later. ..
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