Market Overview

USD/CAD Moves Down, Canadian GDP Rises

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USD/CAD is trading at 1.3363, down 0.0069.

The pair is trading modestly choppy and just above the session lows.

Statistics Canada reported the Canadian economy expanded 0.9 percent during the third quarter versus a 0.3 percent contraction in the second quarter. Annualized third quarter GDP (gross domestic product) was 3.5 percent.

 

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Posted-In: Canadian dollar USD/CADFutures Forex Markets