12:32 PM · 31 October 2023

BREAKING: CAD drops after August GDP miss

Canadian monthly GDP report for August was released today at 12:30 pm GMT. Report was expected to show a 0.1% MoM expansion of the Canadian economy, following a lack of growth (0.0% MoM) in July. However, actual data showed the Canadian economy stagnating and showing no growth (0.0% MoM) for another month in a row. CAD saw a negative reaction to the release with USDCAD moving higher in a knee-jerk move.

USDCAD gained after Canadian GDP release and continues to move higher towards the short-term trendline. Source: xStation5

18 November 2025, 6:50 PM

Daily summary: Wall Street tries to rebound 📈Amazon and Microsoft under pressure of Rotschild & Co Redburn

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Fed's Barkin remarks on US economy 🗽EURUSD drops to 1.157

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BREAKING: US macro data weaker than expected 📌Orders revised slightly lower

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Chart of the day: USDJPY (18.11.2025)

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