Canada Ivey comes in 57.8. Weaker than expectations
May.05, 2011 in
fxdd
The Canada Ivey PMI comes in at 57.8 seasonally adjusted. This is weaker than expectations. The USDCAD fell before the release and has revovered a touch. The support now comes in at the 0.9621 level. A move below this level would not be welcomed. A move back above the 0.9640-45 level would be positive intraday
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