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Erratic Reaction in Forex After US and CAD Trade Numbers

posted by Avatar fx360 179 days ago in USD, CAD, Daily made popular 179 days ago

U.S. and Canadian trade numbers for the month of January were much stronger than the market had anticipated but weakness beneath the U.S. trade report's headlines pushed the U.S. dollar sharply lower. Even though the U.S. trade deficit shrank from -$39.9B to -$37.3B, exports fell for the first time since April. Imports also dropped by 1.7 percent
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