October 2017 Canadian trade balance 5 December 2017
- Prior -3.18bn. Revised to -3.36bn
- Imports -1.6% vs -0.3% prior at
- Exports 2.7% vs -0.3% prior
A decent reduction in the trade deficit sees CAD continue its bullish run as USDCAD hits 1.2625 from 1.2642. That’s good news for the economy as exports stopped a 4 month losing streak.