Fri, 25 Oct 2024 13:02:02 GMT
Canadian Retail Sales impact CAD
The publication of the Canadian Retail Sales data has caused an increase of volatility for the Canadian currency. The Canadian Dollar spiked up, before starting a decline.
Market consensus forecast for the Canadian Retail Sales was that the sales would have increased by 0.5%, but actual released numbers showed growth of 0.4%. Meanwhile, the Core Retail Sales, that exclude