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Canadian Dollar Slips Despite Strong Ivey PMI

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USD/CAD has edged higher on Wednesday and is up 0.25%, trading at 1.3760 at the time of writing. Canada’s Ivey PMI climbed sharply in April to 63.0, up from 57.5 in March and beating the forecast of 58.1. This marked the highest level since May 2022, indicating that purchasing managers have seen an improvement in […]

The post Canadian Dollar Slips Despite Strong Ivey PMI appeared first on Action Forex.

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