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The USD/CAD closed the week at 1.0740 up a few pips from its opening at 1.07299 after it touched a high of 1.0794 as the CAD eased as gold and oil traded in the red mid-week and the US dollar climbed on strong support from Janet Yellen. Canada’s dollar gained as the nation’s consumer price index increased 2.4 percent from a year earlier, the fastest in more than two years, the government reported July 18. The data came two days after the Bank of Canada said inflation gains are temporary and that…
