USD/CAD jumps after miss on Canadian GDP - ConsultFX

USD/CAD jumps after miss on Canadian GDP

USD/CAD rises to three-day high USD/CAD is up 66 pips on the day to 1.2973 in a quick move after the latest GDP numbers. Growth was a tad soft at 2.9% compared to 3.1% expected, although Q1 was revised slightly higher. The market immediately soured on the headlines in a climb from 1.2925.