United Kingdom S&P Global Services PMI below forecasts (50) in June: Actual (48.7)

United Kingdom S&P Global Services PMI below forecasts (50) in June: Actual (48.7)
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The Canadian Dollar hits 14-month lows: Why higher inflation is unlikely to support the Loonie for now

The Canadian Dollar (CAD) is facing renewed pressure as USD/CAD extends its rally to 14-month highs, with Societe Generale noting a decisive shift in momentum and RBC highlighting that domestic inflation remains skewed by volatile energy costs.
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