Canadian Economy Shrinks in February ? USD/CAD Rises

Canada’s economy shrinks �in February by 0.2%. Early expectations stood on 0% after two strong months of growth. USD/CAD rises, erasing the previous falls. USD/CAD now trades at 0.9510, up from around 0.9490 before the release. 0.9525 serves as resistance. Update: USD/CAD edges higher, but is capped by the aforementioned resistance line. Canada’s economy enjoyed

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