Wednesday, October 31, 2012

Canadian GDP Shrinks – USD/CAD Battles With Parity

The Canadian economy disappointed in August and squeezed by 0.1%. Expectations stood on another month of steady growth of 0.2%.  The disappointing figure sent USD/CAD to a second battle with parity this week. Will it stay above the line this time? Canada’s economy enjoyed 5 consecutive months of steady growth. This country publishes GDP numbers
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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