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Tuesday, October 31, 2017

[FOREX NEWS] Canadian GDP falls 0.1% – CAD follows


A disappointing read from Canada: the economy shrank in August by 0.1%. In addition, producer prices are down 0.3% against +0.4% predicted. USD/CAD jumps above 1.29 from 1.2840 ahead of the publication. The Canadian dollar remains under intense pressure. More: USD/CAD: 4 Reasons To Sell The Loonie –  CIBC Canada was expected to report a minor [...]

The post Canadian GDP falls 0.1% – CAD follows appeared first on Forex Crunch.



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