Canadian Dollar slides on U.S. retail sales data

Source: Bloomberg
The Canadian Dollar, also known as kiwi, depreciated by 0.3% to 1.0136 per U.S. Dollar in the morning of Toronto trading hours on Friday. The kiwi lost its value against the U.S. counterpart for the first time this week, as sales data in the U.S was the worst in previous nine months. Sales were 0.4% worse in March, as in February it gained 1.1%. Sales data do not support a U.S. recovery idea and traders reduce their exposure to more risky assets.
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