Daily digest market movers 21-month high in Canadian PMI sparks little interest in CAD...来自hagijeee

03 Dec 2024, 20:16 · 阅读量 61

The Canadian Dollar lost 0.4% against the Greenback, keeping USD/CAD bolstered above 1.4000.
Canadian PMI figures for November rose to a 21-month high of 52.0, beating the forecast decline to 50.8 from October’s 51.1.
Despite the upbeat business activity survey results, the Loonie still shed weight against the US Dollar, falling back into familiar lows.
Broader markets are set for a week full of US labor preview data before Friday’s US NFP print.
Canadian labor and wages data also slated for Friday will get swamped out by US jobs numbers.

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