Sterling-Canadian dollar shifts up to 1.645, after ending the last session at zero (down 0%) .
Trading week at a glance - GBP/CAD is up to 1.645, after closing yesterday at zero. Overall, a 0% move or 16,450 pips this week. (Trade Sterling-Canadian dollar with FXTM now).
At the same time, Canada's GDP published today at 13:30 UTC came out at 0.1%. The fresh reading lived up to analyst expectations as well as matching the previous month's figure. Canada Interest Rate came out at 4.5, while a consensus of analysts was expecting 4.5. United Kingdom CFTC GBP speculative net positions released Friday with a figure of -23,900, while the previous figure was -24,700. Canada Wholesale Sales (MoM) released Thursday with a figure of -1.8, while the previous figure was 0.5. Fresh Labour Productivity (Q3) data from United Kingdom came out at 0.9.
Also worthy of note, United Kingdom Construction PMI is projected to outperform its last figure with 49.6, having previously been at 48.8. The figure will be published Monday.
The market is looking forward to the release of new data: United Kingdom BoE Interest Rate Decision (Jan) is scheduled for Thursday. United Kingdom Composite PMI is expected Friday.