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FxWirePro: USD/CAD extends decline on broad dollar weakness

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Loonie shrugs off Canadian Mfg sales miss

Monday, June 15, 2015 12:57 PM UTC

Canadian Mfg sales, -2.1% plus March downward revision, NY Fed Mfg index soft
Neither data print likely to impact monetary policy north/south
USD/CAD rebounded from Noram low of 1.2335, 48 paid
Didn't last long, 34 given, base of 5 min Ichi cloud 1.2335
Oil prices still under pressure, USD should find a bid

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Loonie shrugs off Canadian Mfg sales miss

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