Loonie Slides Vs Most Majors Ahead Of Canada Wholesale Sales
January 23 2017 - 3:26AM
RTTF2
Statistics Canada will release Canada wholesale sales for
November at 8:30 am ET Monday. Sales are expected to grow by 0.6
percent on month, slower than the 1.1 percent increase seen in
October.
Ahead of the data, the loonie traded mixed against the other
major currencies. While the loonie recovered from an early low
against the euro, it weakened against the rest of major
currencies.
The loonie was worth 1.3303 against the greenback, 1.4259
against the euro, 85.31 against the yen and 1.0075 against the
aussie as of 8:25 am ET.
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