Canadian March CPI +1.9% y/y vs +2.0% y/y exp

• Prior reading was +2.6%
• +0.4% m/m vs +0.5% exp
• Core +0.3% vs +0.3% exp
• Core +1.9% vs +1.9% exp

That chart isn’t going to give anyone at the BOC a sleepless night but USD/CAD has climbed to 0.9922 from 0.9910 on the narrow miss.