Core retail sales in Canada increased more than expected

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Source: Forexpros

Canada's core retail sales increased more than expected in October, rising for the third month in line. Core retail sales, excluding automobile sales, added 0.7% on a seasonally adjusted basis as compared to 0.4% expected increase, reported Statistics Canada. After the data release, Canadian currency appreciated against the USD and the pair USD/CAD is currently trading at 1.0293, edging down 0.05%.

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Wed, 21 Dec 2011 17:07:38 GMT

Trade balance of Japan decreased more than expected

Japanese trade balance declined more than initially projected in November, according to official data. The balance decreased to -0.54T on a seasonally adjusted basis from -0.46T in October. Experts predicted the November's figure to drop to -0.28T.

Wed, 21 Dec 2011 17:07:02 GMT

Euro fell following the ECB decision

The Euro suffered losses during the US morning trade after the ECB announced its long-term lending program had strong demand. About 523 European banks applied for three-year loans to the ECB totaling 489 billion euros. The Dollar index increased to 79.915 from 79.871. The euro decreased to $1.305 in the late US trade yesterday.

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