Canadian Retail Sales MM (Jun) 0.1% vs. Exp. 0.3% (Prev. 0.6%, Rev. 0.5%)

Reaction details (13:33)

In immediate reaction, USDCAD fell from 1.2578 to 1.2535, with the market focussing on the cleaner core measure, which came in above the forecast range. As with last week’s Canadian inflation data, the release does little to derail the notion that the Bank of Canada will continue with its hawkish bias.

22 Aug 2017 - 13:30- Forex- Source: Newswires

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