Saturday, April 6, 2013

Canada Ivey PMI 61.6 vs 52.4 exp

  • Prior reading was 51.1
  • Strongest reading since August

Some small relief in USD/CAD as it slips 10 pips. The Ivey PMI is wildly volatile so such a big miss is not a shock. It tends to be brushed aside rather quickly so don?t look for a lasting change in CAD.

Source: http://feedproxy.google.com/~r/forexlive-rss/~3/n_A8rk2bXVY/

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