Canadian GDP data now out 31 May 2016
– +0.5% prev revised down from +0.8%
– mm -0.2% vs -0.1% exp/prev
– qq +0.6% vs +0.1% prev
– yy +1.1% vs +1.4% exp vs +1.4% prev revised down from +1.5%
A mixed bag of data but softer than expected overall sees USDCAD back up to 1.3070 from 1.3035. Offers /res between 1.3080-1.3100