Live Comments US 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.

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