Annualized Canadian GDP came in -1.1% vs 0.1% exp. and -0.2% previously
- QoQ reading came in -0.3% vs 0% previously
- MoM reading came in 0.1% vs 0% exp. and 0% previously
In the first reaction after data, we can see some CAD depreciation. USDCAD pair gains 0.2% today.
Source: xStation5