When is the Canadian GDP report and how could it affect USD/CAD? – by hareshmenghani Canada GDP EconomicIndicator USDCAD Currencies
USD/CAD: Loonie to benefit at best moderately on significant Canadian GDP data surprise – CommerzbankThe Gross Domestic Product released by Statistics Canada is a measure of the total value of all goods and services produced by Canada. The GDP is considered a broad measure of Canadian economic activity and health. Generally speaking, a rising trend has a positive effect on the CAD, while a falling trend is seen as negative for the CAD.
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