US ISM Manufacturing PMI edges higher to 47.2 in August vs. 47.5 expected

The business activity in the US manufacturing sector continued to contract, albeit at a softer pace in August, with the ISM Manufacturing PMI edging higher to 47.2 from 46.8 in July.
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USD/CAD Price Forecast: Jumps to near 1.3550

The USD/CAD pair climbs to near 1.3550 in Tuesday’s North American session.
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