Loonie Shows Mixed Performance Despite Strong Retail Sales

Apr 19,2019 03:28   Source:Earnforex
The Canadian dollar showed mixed performance today despite favorable retail sales data. The explanation for this could be strength of its rivals as well as the decline of crude oil prices. Statistics Canada reported that retail sales rose 0.8% in February from the previous month on a seasonally adjusted basis following three consecutive monthly declines. Analysts had predicted a smaller increase by 0.4%. Core retail sales (sales excluding important […]

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