Loonie Advances Vs Most Majors Ahead Of Canada Retail Sales, CPI
January 22 2016 - 3:26AM
RTTF2
Statistics Canada is set to release Canada retail sales for
November and consumer price index for December at 8:30 am ET
Friday. On month, CPI is expected to edge down to 0.3 percent from
0.1 percent in November.
Ahead of the data, the loonie showed mixed trading against its
major rivals. While the loonie held steady against the aussie, it
rose against the yen, greenback and the euro.
The loonie was worth 1.4160 against the greenback, 83.50 against
the yen, 1.5315 against the euro and 0.9951 against the aussie as
of 8:25 am ET.
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