USD/CAD hit 0.9775 during U.S. morning trade, the lowest since August 10; the pair subsequently consolidated at 0.9797, declining 0.27%. The U.S. Bureau of Labor Statistics said earlier that producer price inflation rose by a seasonally adjusted 0.2% in July, after declining by 0.4% in June. Core PPI, which excludes food and energy costs, rose by 0.4% after rising by 0.3% in the preceding month.