Loonie climbs on GPD expectations

Note: This section contains information in English only.
Source: WBP Online
The Canadian Dollar has nudged against the U.S Dollar ahead of the anticipated numbers on Gross Domestic Product estimates for both nations. Although the Greenback benefited from increased demand earlier last week, mainly caused by better then expected job numbers and improvements in U.S equity markets, experts revised GDP expectations with a 0.1% drop to 3.9%. Additionally, the Canadian GDP numbers for the quarter are expected to increase by 1.5% to 2.7%. The Loonie gained 0.34% to $1.0914.
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Wed, 27 Aug 2014 09:23:03 GMT

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