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USD/CAD traded sideways near 1.3284 after U.S. third-quarter GDP was revised up to 2.1% annualized, above the 1.9% estimate. The Canadian dollar failed to benefit and posted slight losses.
Attention turned to Canadian current account and monthly GDP releases later in the week.
A stronger U.S. economy supports the dollar against the loonie, but the move was small and reflects routine currency trading. Feed buyers have little direct exposure to this price action.
finance.yahoo.comKenny FisherNov 27, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
