US Dollar-Canadian Dollar shifts up to 1.3262 (a 0% gain) after closing the previous session at zero .
A good end to the trading week, USD/CAD is up to 1.3262, after closing yesterday at zero. Overall, a 0% move or 13,261 pips this week. (Start trading US Dollar-Canadian Dollar at FXTM today).
Uptick comes while some more positive signs for US Dollar-Canadian Dollar are out as following a previous reading of 0.4%, Core Retail Sales in United States released yesterday at 12:30 UTC fell short of the 0.1% figure expected by analysts with an actual reading of -0.3%.
Meanwhile, Canada Housing Starts (Aug) released today at 12:30 UTC with a figure of 267,400, while the previous figure was 275,200. Canada Wholesale Sales (MoM) (Jul) came out at -0.6, while a consensus of analysts was expecting -0.6. Canada Foreign Securities Purchases (Jul) released today at 12:30 UTC with a figure of 14.83 billion, while the previous figure was -17.64 billion. United States Philadelphia Fed Manufacturing Index (Sep) came out at -9.9, while a consensus of analysts was expecting 2.8.
Also worthy of note, as things stand, upcoming Canada Core Retail Sales data is projected to fall short of market expectations with newly published data of -1.1%, following on from the preceding figure of 0.8%. New data is set to be published Friday.
Elsewhere, Canada Core Consumer Prices is expected Tuesday. Friday data for Canada Retail Sales will be released, with an expected decline to -2% from the preceding figure of 1.1%.
