USD/CAD: Softer growth data might add to near-term pressure on the Loonie – Scotiabank

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USD/CAD: Softer growth data might add to near-term pressure on the Loonie – Scotiabank
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USD/CAD: Softer growth data might add to near-term pressure on the Loonie – Scotiabank USDCAD Growth Canada Banks BOC

“Growth data is expected to slow somewhat in Mar relative to Feb’s result but Q1 overall has been shaping up to be relatively strong .”

is appropriate amid sticky inflation and signs that the housing market is taking off again but softer growth data might add to near-term pressure on the CAD.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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