# USD/CAD: Canadian Dollar Edges Up Ahead Of Canadian GDP | Investing.com Canada

> USD/CAD traded near 1.3070 ahead of Canadian GDP data, with markets expecting 0.3% growth. Traders also awaited US consumer confidence and were weighing protectionist policy concerns.

- Date: 2017-01-31 · published 2017-01-31T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/73213-usd-cad-canadian-dollar-edges-up-ahead-of-canadian-gdp-investing-com-canada
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Pre-release positioning on the loonie has little direct effect on feed prices, though it reflects currency sentiment that can move Canadian-linked commodity values.

## Read by commodity

- USDCAD: neutral

## Sources

- ca.investing.com: https://ca.investing.com/analysis/usd-cad:-canadian-dollar-edges-up-ahead-of-canadian-gdp-200174202

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.