Canadian Dollar Weakens as US-China Trade War Overshadows Upbeat Data

May 24,2019 18:53   Source:Earnforex
The Canadian dollar is weakening against several major currency rivals as investor fears over the escalation in the US-China trade war overshadowed upbeat economic data. Despite the disappointing performance midway through the second quarter, the loonie is still in positive territory on the year. On the sales front, it was expansion across the board. According to Statistics Canada, retail sales rose 1.1% in March, up from 1% in February. March automobile sales […]

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