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USD/CAD slips towards 1.3575 after Canadian GDP beats forecasts
The other North American data just now released was from Canada. The reading of their January GDP was expected to show growth running at 0.4% in the first month of the year. It has actually beaten that estimate, rising by 0.6%. This news has pushed the USD/CAD back down further from the noted high seen earlier this morning, at 1.3614. The USD/CAD was lower anyway heading into this and it has now fallen back towards 1.3575 on the news
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