The US Dollar depreciated against the Canadian Dollar, following Canadian GDP data release on Friday at 13:30 GMT. The USD/CAD exchange currency rate lost 17 pips or 0.13% right after the release. The Greenback continued trading at the 1.3310 level against the Canadian Dollar.
Statistics Canada released the Canadian GDP data , which came out in line with the expectations of 0.1%.
According to the official release: "Real gross domestic product edged up 0.1% in September, with the increase in services (+0.2%) slightly outpacing the increase in goods (+0.1%). There were gains in 13 of 20 industrial sectors, with increases in wholesale trade and construction offset in part by lower activity in rail transportation."
| Date | 31.07.19 | 30.08.19 | 01.10.19 | 31.10.19 | 29.11.19 |
|---|---|---|---|---|---|
| Actual | 0.2% | 0.2% | 0.0% | 0.1% | 0.1% |
| Forecast | 0.1% | 0.1% | 0.1% | 0.2% | 0.1% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/CAD | 0.9005 | 0.8998 | -0.08% |
| CAD/CHF | 0.75283 | 0.75309 | 0.03% |
| EUR/CAD | 1.46188 | 1.46093 | -0.06% |
| USD/CAD | 1.3305 | 1.32949 | -0.08% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/CAD | 46.5% | 53.5% |
| CAD/CHF | 60.6% | 39.4% |
| EUR/CAD | 50.2% | 49.9% |
| USD/CAD | 26.8% | 73.2% |
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