US Mar NY Empire State Manufacturing Index down to 9.24 vs 10.04 in Feb.
Mar 15, 2013
Forex Flash: US surveys today predominantly USD-positive – TD Securities
The CAD has benefiting from USD selling, being lifted to new highs for March. “We continue to foresee a lower CAD for the months ahead, but near term risks suggest a possibility for a decent pullback from recent losses”, wrote analysts Shaun Osborne and Greg Moore, adding that “the potential for a positive turn in Canadian data starting next week, combined with the currently enormous short speculative positioning could be a recipe for near term CAD gains”.