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Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaCanada will publish the monthly GDP growth on March 31, at 15:30 MT time. GDP growth is one of the most important indicators of the economic activity of a country. If it recovers quickly, it gives a signal to a central bank that a monetary policy could be adjusted soon. Last time, the Canadian GDP growth revealed an economic expansion of 0.1%, as expected. The CAD had a mixed reaction to this event.
Nothing is easier! Open our economic calendar at 15:30 MT on Wednesday and follow the rule below.
Instruments to trade: USD/CAD, EUR/CAD, CAD/JPY