Canada: Ivey PMI (sa) declines to 51.6 in February vs. 57.7 expected

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Canada: Ivey PMI (sa) declines to 51.6 in February vs. 57.7 expected
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Canada: Ivey PMI (sa) declines to 51.6 in February vs. 57.7 expected – by eren_fxstreet Canada PMI EconomicIndicator Macroeconomics

y to 51.6 in February from 60.1 in January. This reading missed the market expectation of 57.7 by a wide margin.

Further details of the publication revealed that the Employment Index edged lower to 59.4 from 60.5 and the Prices Index rose to 65.3 from 63.6.USD/CAD largely ignored these figures and the pair was last seen trading modestly higher on the day at 1.3615.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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