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- The currency pair USD/CAD declines due to the better-than-expected economic data from Canada
The currency pair USD/CAD declines due to the better-than-expected economic data from Canada
Retails sales in Canada increased 1.1% in April, exceeding expectations for a 0.4% gain, after a 0.1% increase in March. March's figure was revised up from a 0.1% fall.
The Canadian core retail sales excluding automobiles rose 0.7% in April, exceeding expectations for a 0.4% rise, after 0.2% gain in March. March's figure was revised up from a 0.1% rise.
The consumer price inflation in Canada increased 0.5% in May, exceeding expectations for a 0.2% gain, after a 0.3% rise in April.
The core consumer price index in Canada climbed 0.5% in May, beating expectations for a 0.2% rise, after a 0.2% gain in April.
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