United States NY Empire State Manufacturing Index registered at -1.19, below expectations (7) in April

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Another surprise rate cut by the BoC to hit CAD hard – MP

Dean Popplewell, Director of Currency Analysis at MarketPulse, believes that although the consensus favours no changes in rates by the BoC today, a surprise rate cut might lead USD/CAD to test 1.2667 quickly.
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Canada Manufacturing Shipments (MoM) below expectations (0.4%) in February: Actual (-1.7%)

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