19 May 2023 Canadian Dollar Helped by Retail Sales Data

The Canadian Dollar underperformed other major currencies in the final session of the week but benefited after Statistics Canada figures suggested retail sales and consumer spending likely helped t…

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19 March 2021 Canadian Dollar Strength and Resilience Makes Battleground of GBP/CAD in Q1 2021 FX Marathon 

Canadian Dollar strength and resilience curtailed a tepid GBP/CAD recovery from the week's lows by Friday, making a battleground of the exchange rate in the process after overnight tradin…

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21 October 2020 Canadian Dollar Flounders, GBP/CAD Shines after Retail Sales Flop and Brexit Hopes Rise 

The Canadian Dollar floundered Wednesday having struggled to advance against even the weakest major currencies, with its underperformance escalating after Statistics Canada warned of a September st…

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21 August 2020 Canadian Dollar Recovery Extends as Retail Sales Keep Pressure on Brexit-stricken GBP/CAD

The Canadian Dollar extended its recovery on Friday and helped keep pressure on the Brexit-stricken Pound-to-Canadian Dollar exchange rate after Statistics Canada reported June retail sales th…

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21 July 2020 Canadian Dollar Quibbles with Retail Sales Miss but Still Enjoys Oil and Risk Tailwinds

The Canadian Dollar faltered at session highs Tuesday after May retail sales recovered less than was anticipated by the market, although the Loonie retained the support of rallying oil prices …

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18 April 2019 Canadian Dollar Supported by Retail Recovery but the BoC Could Weigh Next Week

  The Canadian Dollar was among the best performing currencies in the G10 space Thursday after February retail sales numbers surprised on the upside but analyst commentary ahead of the Easter w…

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22 February 2019 Canadian Dollar Extends Gains after Retail Sales Data Shows Households Weathering December Storm

  The Canadian Dollar extended gains in a market that was already supportive of risk assets Friday after retail sales data for the month of December showed households weathering a global econom…

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23 January 2019 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 c…

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21 December 2018 The Canadian Dollar Holds 18-month Low after GDP and Retail Data Underwhelm

The Canadian Dollar held at an 18-month low against the Dollar and also ceded ground to Sterling Friday, after the latest GDP and retail sales data appeared to put a further dent in the economic ou…

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