Loonie Falls Vs Most Majors Ahead Of Canada GDP Data
29 September 2017 - 10:26AM
RTTF2
Statistics Canada releases Canada GDP for July and industrial
product price index for August at 8:30 am ET Friday. The economy is
forecast to grow 0.1 percent on month, down from last month's
reading of 0.3 percent.
Ahead of the data, the loonie traded mixed against its major
rivals. While the loonie held steady against the aussie, it fell
against the rest of major currencies.
The loonie was worth 90.47 against the yen, 1.4684 against the
euro, 0.9739 against the aussie and 1.2442 against the greenback as
of 8:25 am ET.
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