Australia S&P Global Services PMI above forecasts (50.5) in May: Actual (50.6)

Jun 4, 2025

Australia S&P Global Composite PMI fell from previous 50.6 to 50.5 in May

USD/CAD remains on the defensive near 1.3700 ahead of BoC rate decision

The USD/CAD pair remains on the defensive around 1.3715 during the early Asian session on Wednesday. The Canadian Dollar (CAD) edges higher against the Greenback as crude oil prices rise.