US: Philadelphia Fed Manufacturing Index rose to 23.2 in January vs. 20.0 expected

According to a report from the Federal Reserve Bank of Philadelphia released on Thursday, the headline Manufacturing Activity Index of the Manufacturi
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USD/CAD: Scope for a substantial drop towards the upper 1.22s – Scotiabank

USD/CAD has maintained a tight, sideways trading range around 1.25 this week. Economists at Scotiabank think the pair is set to move downward towards
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