Fundamental Analysis Report-June 29, 2014 Canadian Dollar GDP Month-over-Month Release Date Monday, June 30, 2014, at 8:30 A.M. Eastern Market Affect-High Impact Gross domestic product, (GDP) measures the change in the inflation-adjusted value of all goods and services produced by a particular economy. It is the broadest measure of economic activity in the primary indicator of the economy’s health. Canada releases fresh GDP data on a monthly basis. A higher-than-expected reading should be taken as positive/bullish for the CAD, while a lower-than-expected reading should be taken as negative/bearish for the CAD. Although gross domestic product can have significant impact on a particular currency, the month over month release is not as significant as the quarter over quarter or year over year. #5SS view and position concerning this release is.........Click on the link below and register with 5starsignals for the full detailed report. Find out the short-term view for the Canadian dollar--CAD and what impact the GDP release will have on the CAD bu joining the 5starsignals team today! 5starsignals?aff=brarmbruster
Posted on: Sun, 29 Jun 2014 23:03:29 +0000
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