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US: Chicago Fed National Activity Index at -0.32 in January

The Chicago Fed National Activity Index during January posted -0.32, below the previous 0.25 (revised).

Forex Flash: Gilts find optimism in long-term view – RBS

In the aftermath of the weekend events, Gilts continue to look less attractive, however a weekly inside session on candles suggests a recovery in the long-term. According to Technical Markets Strategist Dmytro Bondar at RBS, “The MACD weekly histogram also shows a positive divergence with the price action. The 114.58 retracement level (50% of the 2012 extremes) proved to be a good support and the range of 114.60-116.60 remains in place with a good chance of recovery towards 117.80 if the latter is broken.”
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Forex: USD/CAD keeps a tight range around 1.0230

The Canadian dollar is posting meagre gains on Monday, trading in a narrow range between 1.0220 y 1.0240, as the US dollar upside is taking a breather after last week’s strong gains...
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