Loonie falls most in 6 months on disappointing macro reports

Source: Bloomberg
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The Canadian Dollar depreciated versus its US peer on Thursday as disappointing Canada's retail sales boosted speculation the Bank of Canada may consider postponing additional increase in interest rates. Loonie tumbled 1.12% versus greenback to CAD 1.0297, the biggest decline since December 12. Currently USD/CAD is trading at 1.0275.

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