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Canadian Dollar Climbs as GDP Beats Estimate

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Canadian dollar has posted considerable gains in Friday's North American session. Currently, USD/CAD is trading at 1.3020. The Canadian dollar responded positively as Canadian GDP in July gained 0.5%, better than the estimate of 0.3%. Canadian RMPI improved to -0.7%, beating the forecast of -1.0%. Later in the day,[​IMG]

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