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Canada Inflation Surges: Core Comes At 0.7% On 0.2% Consensus
While Goldman attempts to talk down this “ugly report”, attributing the spike to a short-lived commodity spike (that’s that temporary word again), the currency market was not as easily fooled: USDCAD moved a good 50 pips from 0.963 to 0.958 in seconds
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“I was into being into things before they got popular before being into things before they got...”
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“The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt.”
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