Canada's Ivey PMI hits 63.5 in December

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Source: Marketwatch

Canada's Ivey PMI increased more than expected in December. The Ivey PMI added 3.6 points approaching 63.5 last month from November's reading of 59.9. Experts predicted a decrease in the indicator by 0.8 points to 59.1. However, after the data release, the Canadian Dollar continued to see loses against the USD with the pair USD/CAD traded at 1.0204, gaining 0.75%.

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Fri, 06 Jan 2012 08:51:51 GMT

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