Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
Bases off 1.2600 in the North American session
The USDCAD - after moving higher in the Asian session and into the European session - saw the price consolidate up and down in the North America session.
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