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 0.6% against a forecast of 0.4%.
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 | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bullish change | -0.3% | -0.1% | ||
Retail Sales ex Autos (MoM) | Bearish change | 0.4% | -0.3% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | 0.1% | 0.5% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.1% | 2% | ||
Consumer Price Index (MoM) | Bullish change | 0.3% | 0.6% | ||
Consumer Price Index (YoY) | Bullish change | 2.8% | 2.9% |
The value of Gross Domestic Product (MoM) has been announced.
Forecast | Actual |