Currency Note Worldwide

Canada hopes for good news

By Ricky Bean December 23rd, 2015

There was no data released for Canada yesterday, but today could be busy for the Canadian dollar, as we await the release of both the Core Retail Sales and Gross Domestic Product (GDP) figures. Both yielded disappointing results last time, at -0.5%, and it was the third month in a row that the retail sales result had failed to meet expectations. Canada will hope for some better results at the end of this year, which has otherwise been a big disappointment, with Canada’s currency and stocks performing poorly overall.

Are you looking to buy currencies? With further movement expected across the major global currencies, contact your trader for the latest rates, news and to discuss appropriate currency strategies.