The Canadian Dollar fell across the board after Canadian inflation numbers for January undershot expectations and raised the odds of a rate cut at the Bank of Canada happening as early as April. The Pound to Canadian Dollar rose half a per cent in the minutes following Statistics Canada announcing the consumer price index fell to 2.9% year-on-year in January, below expectations for 3.3% and down from 3.4% in December. The Dollar to Canadian Dollar exchange rate was higher by 0.20% on the day at 1.3515. The Canadian inflation numbers were soft across the board, with the monthly change in CPI flat at 0%, whereas a rise ... (full story)