CAD flows: Little changed after CPI

Canadian CPI was net broadly as expected, with the headline stronger than consensus at 2.4% y/y but the median weaker than expected at 2.5%, with the other BoC core measures in line with consensus. USD/CAD had a little dip but the decline was brief and it is back to pre-data levels at 1.3880. Most pairs remain little changed and not much action is likely unless we have some news on Greenland given the US holiday.