USD/CAD Trading Higher, Canadian CPI Edges Up

USD/CAD is trading at 1.3363, up 0.0041. Statistics Canada reported that year over year December CPI (consumer price index) edged up to 1.5 percent versus 1.2 percent in November. On the month Canadian CPI slipped 0.2 percent after a 0.4 percent fall in November. Canadian Core CPI year over year edged up to 1.6 percent versus 1.5 percent in November.