USD/CAD Tumbles Despite Weak Canada GDP as US Data Impacts Fed Bets


by    and Diego Colman

Weaker than expected GDP heightens concerns about economic slowdown.

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Fed rate expectations have taken a small step backwards in the wake of yesterday's FOMC meeting...enough to derail the US Dollar?
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Markets have to wait for nearly two months for the next Fed meeting. Expect considerable posturing to take place around U.S. rate expectations until then.
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