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The Canadian dollar's getting smoked

The Canadian dollar's getting smoked
Stock Market1 min read

Screen Shot 2016 09 23 at 8.34.36 AM

Investing.com

The Canadian dollar's getting smoked.

The currency is down by 0.6% at 1.3119 per American dollar as of 8:37 a.m. ET.

The loonie's tumble follows several disappointing pieces of data, including retail sales and CPI data.

Core retail sales fell by 0.1% month-over-month in July, below expectations of a 0.5% increase.

Meanwhile, core CPI stayed flat month-over-month in August, below expectations of a 0.2% uptick.

Womp.

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