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Canada Q3 GDP kicks off a busier North American economic calendar

Canada Q3 GDP kicks off a busier North American economic calendar

USD/CAD is higher today as it retests the old neckline of the head-and-shoulders top. I doubt Canadian GDP is going to be much of a driver but it's worth watching because the market is unsure what's coming from BOC next month.

It's due out at the bottom of the hour with Q3 expected at 1.5% annualized after +3.3% in Q2.

After that, it's a grab bag from the US:

  • 9 am ET FHFA and Case-Shiller house price data (lagging indicator, not a market mover)
  • 10 am ET Nov US c... Read More
Posted: Nov 29 2022, 13:20
Author Name: forexlive
Views: 110810

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