The Canadian dollar is getting whacked after disappointing data
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The Canadian dollar is getting whacked after some disappointing data.
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The currency is down by 0.7% at 1.3312 per US dollar as of 8:38 a.m. ET.
Just minutes earlier, data showed that core retail sales came in at 0.0% month-over-month in August, below expectations of an increase of 0.3%.
Additionally, CPI rose only 0.1% month-over-month in September, below expectations of a 0.2% uptick. Meanwhile, core CPI rose 0.2% month-over-month, as expected.
Investing.com
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