Wed, Apr 08, 2026 08:39 GMT
More
    HomeLive CommentsUS NAHB index rose to 63, industrial production dropped -0.1%; Canada manufacturing...

    US NAHB index rose to 63, industrial production dropped -0.1%; Canada manufacturing sales dropped -0.2%

    US NAHB housing market index rose to 63 in April, up from 62, but missed expectation of 64. Industrial production dropped -0.1% mom in March, below expectation of 0.3% mom. Capacity utilization dropped to 78.8%.

    From Canada, manufacturing sales dropped -0.2% mom in February, below expectation of -0.1% mom. International securities transactions dropped to CAD 12.05B in February, versus expectation of CAD 27.34B.

    USD/CAD weakens mildly after the releases. But there is no sign of breakout from recent range from 1.3467 yet.

    ActionForex
    ActionForex
    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

    Latest Analysis

    Learn Forex Trading