Canadian GDP

On Friday we will get a look at how well Canada has performed in November. Economists expect a year-over-year GDP expansion of 2.6% which would mark a minor slowdown from October’s 2.7% expansion. The Canadian Dollar is likely to move on heavy volume as news out of Canada have been lukewarm at best with several disappointments. I have my sights set on the USDCAD once again, but am unlikely to take a significant position until after the report on Friday.

Thanks for the tip.I am also eyeing on it. Will wait for the report