Canada GDP on 22.12.2017,prior was 0.2%
Lower than expected where Cad’s was looking to end the week with a bang on better eco data and Poloz failing to come over bearish, USDCAD just flew up to 1.2780 resistance ,just like an EM currency …
I haven’t heard anything about yearend flows, if they would be supportive for CAD,watch out for the 1.2650/65 support zone, topside 1.2810/20 to be eyed. An illiquid market could see even bigger swings than the ones experienced till now. drive safely!
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