USD/CAD Moves Down

USD/CAD is trading at 1.1971, down 0.0101. The IVEY PMI came out at 58.2 versus 47.9 in March. Chatter about U.S. data is the rest of the week has led to active trading. Market talk about Canadian building permits data due at 8:30 a.m. ET on Thursday and Canadian payroll data due on Friday is just beginning. Canadian housing starts are also due out on Friday.