Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Canadian Dollar Mixed as Traders Await GDP Update =============== #1b1d36c9 ver:0.62 ...
Canadian Dollar Mixed as Traders Await GDP Update
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#1b1d36c9 ver:0.62
The Canadian Dollar (CAD) had mixed performance as traders await GDP update. The CAD fell against the USD but rose against the JPY and NZD. Ongoing Fedspeak weighed on investor focus. Canada reported a potential contraction in wholesale trade activities in May, which could put pressure on upcoming GDP print. US economic data and Canadian GDP update will provide further insights into the state of the economies and impact the CAD's performance. Factors driving the CAD include interest rates, oil prices, economy health, inflation, and trade balance. #CanadianDollar #GDP #economicdata...
#newstr #CanadianDollar #CadTraders #GdpUpdate #UsDurableGoodsOrders #UsQ1Gdp #UsInitialJoblessClaims #UsCorePersonalConsumptionExpenditures #PcePriceIndex
https://here.news/story/1b1d36c9?ver=0.62
===============
#1b1d36c9 ver:0.62
The Canadian Dollar (CAD) had mixed performance as traders await GDP update. The CAD fell against the USD but rose against the JPY and NZD. Ongoing Fedspeak weighed on investor focus. Canada reported a potential contraction in wholesale trade activities in May, which could put pressure on upcoming GDP print. US economic data and Canadian GDP update will provide further insights into the state of the economies and impact the CAD's performance. Factors driving the CAD include interest rates, oil prices, economy health, inflation, and trade balance. #CanadianDollar #GDP #economicdata...
#newstr #CanadianDollar #CadTraders #GdpUpdate #UsDurableGoodsOrders #UsQ1Gdp #UsInitialJoblessClaims #UsCorePersonalConsumptionExpenditures #PcePriceIndex
https://here.news/story/1b1d36c9?ver=0.62