Canada Apr Ivey Purchasing Managers Index s.a falls to 52.2 in April from 61.6 in March

Further weakness of the British Pound is allowing an upward movement of the EUR/GBP on the NY session, with the cross finally breaching above 0.8430 after extensive sidelined trading at 0.8420 area since Friday’s US session and today’s London session that aimed to try a support at 0.8415.