Canadian GDP

Canadian GDP

GDP is the broadest measure of a country’s economic activity and the primary gauge of the economy’s health.

Canadian GDP data differs from that of other countries because it is released on the monthly basis and not just once in a quarter like in the United States or the euro area. As a result, we can get more accurate figures and have a better judgment about what’s happening in Canada.  

USD/CAD is quite volatile, so if the figures exceed expectations, the CAD will be able to improve its po

Similar

Strong USD on Tuesday
Strong USD on Tuesday

The main market tendency today is that the US dollar is rising against its major peers and riskier assets such as stocks and oil are plummeting.

Latest news

USD starts the week with gains
USD starts the week with gains

Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.

ECB report is in focus
ECB report is in focus

The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time. 

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