Canadian Dollar Rallies on GDP, Energy Prices

Mar 29,2019 22:37   Source:Earnforex
The Canadian dollar is rallying to finish the trading week, buoyed by economic growth beating market expectations and rising energy prices. Despite the multiple bearish forecasts regarding the loonie’s future, the currency recorded an impressive 2% to 3% gain against its most-traded rivals in the first quarter of 2019. According to Statistics Canada, the Canadian economy expanded 0.3% in January, which is more than the 0.1% growth economists had penciled in. Most […]

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