The Canadian economy expanded 0.6% month-over-month in November, following a 0.8% growth in October and above market expectations of 0.4%. It was the sixth consecutive monthly expansion.
USDCAD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.2700 level. Source: xStation5
What does newest NFP report tells us?
US OPEN: Investors exercise caution in the face of uncertainty.
BREAKING: University of Michigan sentiment slightly better than expected!
BREAKING: Employment in Canada better than expected! 🍁📈