China RatingDog Services PMI climbed from previous 52.1 to 52.6 in April

May 6, 2026

Canadian Dollar gains ground as easing safe-haven demand weighs on US Dollar

USD/CAD extends its losses for the second successive day, trading around 1.3600 during the Asian hours on Wednesday. The pair retreats as the US Dollar (USD) softens on reduced safe-haven demand, driven by rising optimism over a potential deal with Tehran.

China’s RatingDog Services PMI rises to 52.6 in April

China's Services Purchasing Managers' Index (PMI) rose to 52.6 in April from 52.1 in March, the latest data published by RatingDog showed on Wednesday.