USD/CAD Little Lower, Canadian CPI Edges Up

USD/CAD is trading at 1.3086, down 0.0014. The pair is trading in the middle of the session range. Statistics Canada reported that Canada's January CPI (Consumer Price Index) rose 0.9 percent versus a fall of 0.2 percent in December. Year over year Canadian CPI rose 2.1 percent versus a rise of 1.5 percent in December. Canada's year over year core CPI rose 1.7 percent during January versus a rise of 1.6 percent December.