Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Retail Sales (MoM) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Retail Sales (MoM). Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent Retail Sales (MoM).
The most recent announced value for Retail Sales (MoM) was 0.6% against a forecast of 0%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global Manufacturing PMI | Bearish change | 48.6 | 47.7 | ||
Average Hourly Wages (YoY) | (no change) | 5% | 5% | ||
Net Change in Employment | Bullish change | 17.5K | 24.9K | ||
Unemployment Rate | Bearish change | 5.7% | 5.8% | ||
Gross Domestic Product (MoM) | Bullish change | 0% | 0.1% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.3% | -0.3% | ||
Gross Domestic Product Annualized | Bearish change | 1.4% | -1.1% | ||
Current Account | Bullish change | -7.32B | -3.22B | ||
Retail Sales ex Autos (MoM) | (no change) | 0.2% | 0.2% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Consumption |
Frequency: | Monthly |
The value of Retail Sales (MoM) has been announced.
Forecast | Actual |