USD/CAD trades at multi-year lows near 1.2670 ahead of PMI data

The USD/CAD pair lost 140 pips last week and extended its slide on Monday pressured by broad USD weakness and surging crude oil prices. As of writing,
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China: Economic recovery stays intact – UOB

Ho Woei Chen, CFA, Economist at UOB Group, assesses the latest PMI data in China. Key Quotes “Both the manufacturing and non-manufacturing Purchasing
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