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CAD falls on disappointing BoC survey; UK employment data, China GDP

Exclusive Capital Ltd.

Interesting – the New York stock market closed little changed and stock markets are generally higher in Asia today, yet it’s generally a risk-off day, lead as usual by the three commodity currencies. This time CAD was the biggest loser – that’s because the Bank of Canada business outlook index fell to -0.6 from 2.2 (no forecast available). But the “future sales growth” index rose to 6 from -1 and the Senior Loan Officer Survey also improved, so the news wasn’t all bad by any means.

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Source: https://www.exclusivecapital.com/cad-falls-on-disappointing-boc-survey-uk-employment-data-china-gdp/
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