United States Markit Manufacturing PMI came in at 55.4 disappointing forecasts (55.8) in April

FXStreet.com (Barcelona)

May 1, 2014

USD/CAD falters ahead of 1.1000

Disappointing US jobless claims data sparked risk aversion in the FX market and sent the USD/CAD to fresh 2-day highs.

US: PMI Manufacturing ticks down to 55.4 in April

US PMI Manufacturing slid to 55.4 in April, from 55.5 points in March, according to data released today by Markit. Market consensus pointed to a rise to 55.8.