Italy Industrial Output s.a. (MoM): -28.4% (March) vs previous -1.2%

May 11, 2020

Italy Industrial Output w.d.a (YoY) fell from previous -2.4% to -29.3% in March

USD/CAD finds some support near 1.3900 amid a modest USD uptick, weaker oil prices

The USD/CAD pair lacked any firm directional bias and remained confined in a narrow trading band, below mid-1.3900s through the early European session