Canada core retail sales jump more than expected

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Source: Forexpros
Canada's core retail sales increased more than expected in November, soaring for the firth month line. Core retail sale that exclude sales of automobiles advanced by 0.3% in November on a seasonally adjusted basis, while experts predicted the sales to add 0.2%. After the data release, the Canadian Dollar stayed lower against the US counterpart and the paid USD/CAD traded at 1.0136.


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Wed, 25 Jan 2012 08:28:41 GMT

US stocks showed mixed performance on Tuesday

US stocks traded mixed on Tuesday amid investor concern about earnings reports and uncertainty in Greek debt talks. S&P 500 Index gave up 0.1% or 1.35 points and closed at 1,314.65 while Dow Jones Industrial Average Index fell 0.26% or 33.07 points to 12,675.75. Only Nasdaq Composite managed to end up in positive area, gaining 0.1% or 2.47 points and

Wed, 25 Jan 2012 13:24:04 GMT

Loonie little changed against greenback

Canadian Dollar traded close to flat against its US peer on Tuesday as the growth of country's retail sales slowed in November indicating declining public demand. Retail sales added 0.3% in November compared to 0.9% surge in October. Canadian currency depreciated 0.01% to C$1.0090 in Toronto evening session. Currently USD/CAD is trading at C$1.0104. 

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