- Canadian dollar
- down by 0.6% at 1.2561 per US dollar
- Core retail sales fell by 0.7% month-over-month
- CPI rose 0.2% month-over-month
- Core CPI rose 0.2% month-over-month
- "Overall, while the latest inflation data would normally hint at another interest rate hike from the Bank of Canada, the increased uncertainty around NAFTA renegotiations and domestic housing risks will likely mean that it keeps rates on hold next week," David Madani, senior Canadian Economist at Capital Economics, said in emailed commentary.
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The Canadian dollar is tumbling after disappointing data
The Canadian dollar is tumbling after data disappoints
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