US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
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USD/CAD depreciates to near 1.3650 due to higher crude prices, US PCE eyed

USD/CAD extends its losses for the second consecutive day, trading around 1.3640 during the Asian session on Friday.
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