Canada Wholesale Sales (MoM) above expectations (0.3%) in December: Actual (2.5%)

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GBP/CAD rises above 1.92

The upbeat UK economic data and the Bank of England minutes coupled with a fall in Crude prices pushed the GBP/CAD pair to a high of 1.9206 ahead of the US session.
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United States Producer Price Index ex Food & Energy (YoY) below expectations (2%) in January: Actual (1.6%)

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