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US Apr Dallas Fed Manufacturing Business Index falls 15.6 vs 7.4 in Mar

Forex: USD/CAD off 1.0133 low, bounce stalled at 1.0150

The USD/CAD is extending the downside seen since April 24 after closing below 1.0200 last week. Today’s drop has reached as low as 1.0133, but the market bounced to test 1.0150. At the moment of writing, the USD/CAD is down at 1.0143 (-0.29% on the day).
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US: Dallas Fed Manufacturing Business Index disappoints and falls to -15.6 in April

The Dallas Fed Manufacturing Business Index fell from 7.4 to -15.6 in April, which came in as very disappointing as investors were expecting a positive figure, at 5.0.
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