Canadian Dollar Strengthens on Wholesale Data, Energy Prices

Jun 27,2019 03:00   Source:Earnforex
The Canadian dollar is strengthening midweek as wholesalers recorded their fastest two-month gain in about four years and crude oil prices continued their bullish ways. The loonie’s gains were capped on the accelerating diplomatic and economic fallout between Canada and China. According to Statistics Canada, wholesale sales climbed 1.7% in April, up from 1.4% in March. This represents the fifth consecutive month of gains and is the best monthly increase in three […]

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