Bearish Canadian GDP Print Fails to Push Loonie In Either Direction

– Canadian annualized GDP grew at a decelerating pace in the 4th quarter: 1.7% vs 2.1% estimated – Household consumption exhibits signs of weakness while investment remains strong – USDCAD doesn’t hold onto gains has Loonie trades narrowly – See the DailyFX Economic Calendar for upcoming economic data and for a schedule of live coverage […]


Taiwanese Dollar Ticks Up On Stronger GDP Print

Talking Points Taiwan’s growth expanded at its fastest pace for nearly two years in the last quarter of 2016 However, it still managed to miss forecasts Currency markets chose to accentuate the positives, with gains for the Taiwanese Dollar China proxy Taiwan’s economy scored its strongest rate of growth since early 2015 in the final […]


Swedish Krona Rises as Inflation Print Lifts Hopes of Riksbank Policy Shift

Talking Points Swedish CPI rises in line with expectations. This may help lead to an eventual Riksbank climb down from its ultra-dovish policy stance. EUR/SEK drops to a low of 9.7070. The Swedish Krona has been given a boost by inflation figures released Tuesday. Swedish consumer price inflation rose to a seasonally adjusted annual rate […]