News Column

Loonie Mixed Ahead Of Canada GDP Data

July 31, 2014



CANBERA (Alliance News) - Canada GDP data for May is due at 8:30 am ET Thursday. The economy is seen rising by 0.4% in May, after a 0.1% increase last month.

Ahead of the data, the loonie showed mixed trading against its major opponents. While the loonie fell against the greenback, it rose against the aussie. The loonie held steady against the yen, but recovered against the euro.

The loonie was valued at 1.4604 against the euro, 1.0913 against the greenback, 1.0138 against the aussie and 94.26 against the yen as of 8:25 am ET.



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Source: Alliance News


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