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USD/CAD - Loonie Strengthens After Initial Reaction to CAN Retail Sales Data
Stocks, Unit trusts, Wealth Management and Forex markets
25-04-2012, 12:42 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,452
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USD/CAD - Loonie Strengthens After Initial Reaction to CAN Retail Sales Data
Retail Sales in Canada for the month of February disappointed with -0.2% vs. forecast of 0.1%, while January’s data was revised down to 0.2% from 0.5%. The initial reaction in the USD/CAD was a rally, or loonie-weakness. However, this reaction did not follow through after the opening bell in the 
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