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. Year over year, the economy is up 3.5%: a very healthy rate, even if slightly below 3.6% expected. USD/CAD jumps above 1.29 from 1.2840 ahead of the publication. The Canadian dollar remains under intense […]

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