USD/CAD Moves down, CPI Little Changed

USD/CAD is trading at 1.3079, up 0.0006. The pair has moved down to unchanged on the session erasing the early gains. Statistics Canada reported that year over year CPI (consumer price index) for June was unchanged at 1.5 percent versus 1.5 percent in May. On the month CPI slipped to 0.2 percent from 0.4 in May. Core CPI year over year was 2.1 percent versus 2.1 percent in May.