RBC Canadian mftg PMI May 49.8 vs 49.0 prev

Better than expected/previous reading sees USDCAD down to 1.2465 in a rush as US$ selling continues

US mftg PMI coming up next at 13.45 GMT. Forecasts of 54.2 vs 53.8 prev

Then we have the ISM mftg readings at 14.00 GMT with mftg PMI expected at 52.0 vs 51.5 prev

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