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Canada manufacturing sales rise more than expected

2:34 PM 15 February 2021

Canada's manufacturing sales increased  to 0.9%% , following a 0.6 % decrease in the previous month and compared with market expectations of a 0.6 % rise. The increase reflects widespread growth, particularly in the wood products and transportation equipment industries.

USDCAD saw a relatively small reaction to today’s data releases. The currency pair continued to trade around the 1.2650 level. Source: xStation5

 

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