(10/21) DailyFX - Trading the News: Canadian Retail Sales - DailyFX Forex Forum

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(10/21) DailyFX - Trading the News: Canadian Retail Sales

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10-21-2009, 02:43 PM

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(10/21) DailyFX - Trading the News: Canadian Retail Sales

Trading the News: Canadian Retail Sales

What's Expected
Time of release: 10/22/2009 12:30 GMT, 08:30 EST
Primary Pair Impact : USDCAD
Expected: 0.4%
Previous: -0.6%

Retail spending in Canada is expected to improve in August, with economists forecasting household consumption to increase 0.4% after unexpectedly falling 0.6% in the previous month, and the data is likely to spark increased volatility for the Canadian dollar as investors weigh the outlook for future policy.

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