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Forex Today: British, Canadian Inflation Hit 30-Year Highs – 17 February 2022

on February 17, 2022
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Forex Today: British, Canadian Inflation Hit 30-Year Highs
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Higher than expected inflation data in the UK and Canada show G7 inflation still accelerating.

British CPI shows annualized inflation at 5.5% compared to an expected 5.4% while Canadian CPI has inflation at 5.1%. These are 30-year highs for both countries. The data had little impact on the British pound or Canadian dollar.

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