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USD/CAD: Trading the Canadian GDP

From forexcrunch.com

Gross Domestic Product (GDP) is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Friday at 12:30 GMT. Indicator Background The Canadian GDP is released monthly and provides an excellent indication of the health and direction of the economy. Traders should pay particular attention to this key economic indicator and treat it as a market-mover. The Canadian dollar got a ... (full story)

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