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Canada Retail Sales increase 0.3% in Mar; ex autos, 0.2% down

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Canada retail sales, up 0.3% in Mar, USD/CAD dips further

FXstreet.com (Barcelona) - Retail sales have increased for third consecutive month in Canada, 0.3% up in March, although, excluding cars, sales of all other products have edged down 0.2%, according to data released by Statistics CanadaThe monthly increase has been substantially lower than the 0.5% increment expected by the market. Year on year, retail sales have increased 4.8%.The USD/CAD decline from 1.1815 high on May 18 has extended to a fresh 7-month low at 1.1203 shorly after the release of

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UK retail sales drop unexpectedly in May; Sterling tumbles

FXstreet.com (Barcelona) - Retail sales have declined 0.6% in the UK in May, and 1.6% compared tio the same month last year, while market analysts expected a 0.6% month on month increase and a 0% annual increase. Sterling decline from 1.6470 has reached levels below 1.6300.GBP/USD turned downwards after hitting 1.6468 intra-day high on early European session, and has plunged almost 200 pips lower on the back of disappointing Retail Sales to hit an intra-day low at 1.6290 so far.Initial

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Germany MoM Retail Sales up 0.5% in Apr, -0.8% YoY

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Forex: USD/CAD bounces at 1.1250 and tests 1.1300 after Canadian retail sales

FXstreet.com (Barcelona) - USD/CAD has bounced at 1.1250 level to rise above 1.1280 and test 1.1300 resistance fueled by a worst then expected Canadian retail sales in April. pair has rising 50 pips after the data released to the currently 1.1290/1.1300, yet 0.25% below today's opening price.Canadian Retail sales have fallen 0.5% between March and April, worst than 0.1% decline expected and 0.2% losses posted in March. Excluding autos, retail sales have posted 0.8% decreases in April, well below of

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Canada Apr Retail Sales down 0.8%, -0.5% ex Autos

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