Canadian Dollar Weakens on Data, Energy Prices

Mar 25,2019 17:57   Source:Earnforex
The Canadian dollar is weakening against several major currencies to start the trading week as the loonie is still reeling from bad data. The dollar faced additional pressure on tumbling energy prices and investors sounding the alarm about Canada’s perpetual budget deficit problem. The loonie may get a bit of reprieve from a light-data calendar. According to Statistics Canada, national retail sales slumped for the third consecutive month in January by 0.3%, falling […]

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