The Canadian Dollar (CAD) found some room on the upside at the midweek inflection point as investors await Thursday’s US Producer Price Index (PPI) and Retail Sales figures.
Canadian Dollar pulls back to even against US Dollar midweek. Canada brings little data of note to the table. US PPE, Retail Sales on offer for Thursday. The Canadian Dollar found some room on the upside at the midweek inflection point as investors await Thursday’s US Producer Price Index and Retail Sales figures. The CAD continues to wrestle with the US Dollar , but the Canadian Dollar is on pace to be one of the strongest performers this week as the only major currency entirely in the green.
At the time of writing, the CAD is down around a sixth of a percent against the Australian Dollar and tipping into the red against the Euro but still within a tenth of a percent of the day's opening bids. The CAD is up around a fifth of a percent against the US Dollar and has gained around a sixth of a percent against both the Swiss Franc and the Japanese Yen . USD/CAD slipped back into the week’s low bids as the Canadian Dollar found firmer footing, setting a new low for the week near 1.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Dollar trades with mild losses ahead of Retail Sales data, Treasury yields continue to riseThe US Dollar Index (DXY) exchanges hands at 102.80, recording mild losses.
Read more »
Canadian Dollar sees thin gains on quiet Monday as markets await US CPI inflationThe Canadian Dollar (CAD) had a mild recovery on a quiet Monday, trading into the green against most of its major currency peers as broader markets hunkered down and waited for a push from US Consumer Price Index (CPI) inflation figures slated for Tuesday.
Read more »
Chicago dollar stores face new restrictions after city council approves small box retail ordinanceThere are 149 dollar stores in Chicago, and an alderman says the company that owns Dollar Tree, Dollar General and Family Dollar have racked up thousands of code violations.
Read more »
EUR/USD Gains After Weak US Retail Sales but US PPI Poses Threat to RecoveryEUR/USD rises for a second consecutive day after weak US retail sales data, but its recovery could be derailed if the upcoming US PPI report shows limited progress on disinflation.
Read more »
U.K. Retail Sales Rebound Much More Than Expected at Start of YearBy Joshua Kirby The U.K. retail sector recovered energetically in January, suggesting consumer spending can offer a boost to an economy that slipped into...
Read more »
European stocks extend gains; UK retail sales better than expected; NatWest up 7% after profit beatEuropean stock markets were higher Friday, rounding off a solid week.
Read more »