Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Gross Domestic Product (MoM) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Gross Domestic Product (MoM). Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent Gross Domestic Product (MoM).
The most recent announced value for Gross Domestic Product (MoM) was 0% against a forecast of -0.1%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
Gross Domestic Product Annualized | Bullish change | -0.1% | 3.1% | ||
Current Account | Bullish change | -8.05B | -6.17B |
The value of Gross Domestic Product (MoM) has been announced.
Forecast | Actual |