USDCAD rallies on softer Canadian GDP but option expiry interest helping to cap - ConsultFX

USDCAD rallies on softer Canadian GDP but option expiry interest helping to cap

Soggy Canadian GDP not good for the loonie but not the whole story 29 March The weaker readings albeit tempered by some upward revision, saw the algos send USDCAD to 1.2941 session/recent highs but now 1.2915.