Canada Ivey Purchasing Managers Index down to 51.6 in Feb and Ivey Purchasing Managers Index s.a to 51.1

Another quiet session in the FX market, although the USD trades firmer versus most competitors after a stronger-than-expected ADP employment report, which highlights improvement in the labor market ahead of the NFP on Friday. The euro and the pound are at daily lows versus the greenback despite stronger global equities as investors remain cautious ahead of the ECB and BoE policy announcements.