USD/CAD Mostly Higher, Canadian GDP Stable
USD/CAD is trading at 1.3072, up 0.0032. The pair is trading rangebound and near the highs of the session. Market talk about U.S. and Canadian economic data is making the rounds. Statistics Canada just reported the Canadian economy expanded 0.6 percent in the first quarter following a downwardly revised level of 0.1 percent growth in the fourth quarter. The annualized growth rate rose to 2.4 percent from a downwardly revised level of 0.5 percent.