UK and Canada GDP exceeds expectations
Last Friday, the UK annual GDP reading for February was 0.6%, higher than the expected 0.4%. Canada's monthly national production increased by 0.5% in January, exceeding Mitrade's estimates of 0.3%.
However, GBP/USD fell 50 pips to 1.2333, and USD/CAD slid 5 pips to 1.3515. EUR/USD declined 62 pips to 1.0839, and AUD/USD dropped 22 pips to 0.6685. USD/JPY rose 14 pips to 132.79.
Spot gold lost $10.64 to $1,969.69 an ounce, and WTI crude futures increased $1.3 to $75.67 a barrel. Bitcoin and Ethereum are trading lower at $27,698.0 and $1,780.84 respectively.
The Nasdaq 100 surged 218 points to 13,181. The S&P 500 advanced 58 points to 4,108, and the Dow Jones Industrial Average climbed 415 points to 33,274.
However, GBP/USD fell 50 pips to 1.2333, and USD/CAD slid 5 pips to 1.3515. EUR/USD declined 62 pips to 1.0839, and AUD/USD dropped 22 pips to 0.6685. USD/JPY rose 14 pips to 132.79.
Spot gold lost $10.64 to $1,969.69 an ounce, and WTI crude futures increased $1.3 to $75.67 a barrel. Bitcoin and Ethereum are trading lower at $27,698.0 and $1,780.84 respectively.
The Nasdaq 100 surged 218 points to 13,181. The S&P 500 advanced 58 points to 4,108, and the Dow Jones Industrial Average climbed 415 points to 33,274.
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