Strong Ivey PMI to Limit USD/CAD Gains- RSI Divergence in Focus

A marked rebound in Canada’s Ivey Purchasing Manager Index (PMI) may limit the topside risk for USD/CAD as it dampens bets for a BoC rate-cut in 2016.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2016/04/05/Strong-Ivey-PMI-to-Limit-USDCAD-Gains--RSI-Divergence-in-Focus.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:trading_news_reports