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Loonie shrugs off Canadian Mfg sales miss

  • Canadian Mfg sales, -2.1% plus March downward revision, NY Fed Mfg index soft

  • Neither data print likely to impact monetary policy north/south

  • USD/CAD rebounded from Noram low of 1.2335, 48 paid

  • Didn't last long, 34 given, base of 5 min Ichi cloud 1.2335

  • Oil prices still under pressure, USD should find a bid

  • Market Data
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