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The Canadian Dollar: Economic Contraction Beckons after Retail Sales Slump 

The Canadian Dollar: Economic Contraction Beckons after Retail Sales Slump 


The Canadian Dollar gave up some of its earlier gains Wednesday after official data revealed a steep slump in retail spending during the Black Friday month of November, which implies and economic contraction for that month and adds to a…


Data:

Live British Pound to Canadian Dollar Exchange Rate(GBP/CAD) Interbank Conversion:

What is the British Pound to Canadian Dollar Rate Today?

The live GBP/CAD exchange rate is 1.745
Change on Previous Day's Close -0.0069%

How does Today's Canadian Dollar Rate Compare with Previous Rates?

Today's opening exchange rate is 1.7451
Today's lowest exchange rate is 1.7431
Today's best exchange rate is 1.7457
Best exchange rate of the year-to-date is 1.8345 (20-03-2018)
The lowest exchange rate of the year-to-date is 1.6599 (15-08-2018)

News and Forecasts:

The Canadian Dollar: Economic Contraction Beckons after Retail Sales Slump 

  • Written by James Skinner

The Canadian Dollar gave up some of its earlier gains Wednesday after official data revealed a steep slump in retail spending during the Black Friday month of November, which implies and economic contraction for that month and adds to a growing body of evidence suggesting growth has decelerated more broadly of late.

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