The Canadian dollar gained moderate ground vis-Ã -vis the U.S. dollar today as the greenback tested bids around the C$ 0.9895 level and was capped around the C$ 0.9985 level. Data released in Canada today saw February consumer price inflation rise an annualized 1.8%, down from 2.2% in January. Core annual CPI moved higher to 1.5% from 1.4% in January. Headline CPI was up 0.4% m/m and core CPI was up a monthly 0.5%. U.S. dollar offers are cited around the C$ 1.0080 level.
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