Market Focus

On Tuesday, 01/05/2018, it is worth paying attention to the data on Canada’s GDP. Gross Domestic Product (GDP) is a general indicator of economic activity and is a key indicator of the health of the economy.

According to the forecast, the GDP index grew by 0.2% in February, which is higher than the value of the previous month at the level of -0.1%. In case of data release within the forecast, the Canadian dollar will receive support, against the background of which one should expect the Canadian currency to grow within 30-40 points against its competitors.

Alexander Sivtsov