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Breaking Posted 1 hour ago

Canada Manufacturing PMI Falls; Factory Activity Weakens

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Canada's manufacturing PMI declined, signalling weaker factory-sector momentum. The loonie is sensitive to broad risk sentiment and commodity prices; softer domestic activity reinforces expectations of continued Bank of Canada rate flexibility. Watch for follow-up labour and inflation data.
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1 hour ago

Canada Manufacturing PMI Falls from 51.5 to 49.6

Canadian manufacturing contracted in November, with the PMI dropping to 49.6 from 51.5, signalling contraction below the 50-point threshold. The decline weighs on the loonie and suggests softer domestic demand ahead of Bank of Canada policy decisions. USD/CAD traders should watch for follow-up labour and inflation data.

https://x.com/financialjuice/status/2117263072003809342
1 hour ago

Canada Manufacturing Activity Contracts in October, PMI Falls to 49.6

Canada's S&P Global Manufacturing PMI fell to 49.6 in October from 51.5 in September, signalling contraction in factory activity. A sub-50 reading indicates declining output and orders. USD/CAD traders should monitor whether weakness persists, as sustained Canadian manufacturing softness could weigh on the loonie amid energy and commodity sensitivity.

https://x.com/LiveSquawk/status/2117263029398020124
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