USDCAD surges almost 0.5% after Canadian monthly GDP miss

MoM GDP reading from Canada (April) came in 0.2% vs 0.3% exp. and 0.4% previously

Weaker than expected Canadian GDP data pressured the Canadian dollar, and as we can see, USDCAD pair surged after the reading.

At the same time, US BLS commented that US compensation costs for civilian workers increased 4.2% for the 12-month period ending in March 2024 and increased 4.8% in March 2023.

Wages and salaries increased 4.4% for the 12-month period ending in March 2024 vs 5% for the 12-month period ending in March 2023. US employment costs came in 1.1% vs 1% exp. and 0.9% previously.

Source: xStation5

13 February 2026, 7:25 AM

Economic calendar: US CPI in the spotlight (13.02.2026)

12 February 2026, 7:03 PM

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure

12 February 2026, 1:31 PM

BREAKING: US jobless claims slightly higher than expected

12 February 2026, 8:33 AM

Economic calendar: US Jobless Claims and ECB Speeches to Offer Markets Breathing Room (12.02.2026)

Economic reports

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