- The Canadian economy unexpectedly contracted during the second quarter.
- The Loonie tumbles across the board after Canadian GDP data.
- USD/CAD jumps towards 1.3550 despite broad-based Greenback weakness after NFP.
The USD/CAD broke above 1.3520 and surged to 1.3556, approaching Thursday’s highs, following the release of the US employment and Canadian Q2 reports.
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