Canadian retail sales decreased by 0.5% in September from August. Canada’s flash estimates indicated that sales increased by 1.5% in October. The Bank of Canada stated that higher interest rates were beginning to slow the Canadian economy. Today’s USD/CAD price analysis is slightly bearish. The Canadian dollar strengthened versus the US dollar as investors’ risk … Continued
The post USD/CAD Price Analysis: Canada’s Upbeat Retail Sales Weighing appeared first on Forex Crunch.
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