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Breaking: ISM Manufacturing PMI edges down to 49.1 in March vs. 45 expected

The Institue for Supply Management's (ISM) Manufacturing PMI in March fell to 49.1 from 50.1 in February to reveal a contraction at a modest pace in the sector's economic activity. This reading came in better than the market expectation of 45.

 

United States ISM Manufacturing PMI registered at 49.1 above expectations (45) in March

United States ISM Manufacturing PMI registered at 49.1 above expectations (45) in March
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USD/CAD quickly retreats over 100-pips from daily tops, back below mid-1.4100s

The USD/CAD pair trimmed a part of its daily gains and quickly retreated over 100 pips during the early North-American session. The pair stalled its s
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