Canadian Dollar is broadly higher on Friday but only slightly.
Canada missed forecasts on manufacturing and wholesale figures.
US Consumer Sentiment survey dominates news flow in American session.
The Canadian Dollar (CAD) found a thin recovery on Friday, gaining ground against most of its major currency peers and clawing back a scant tenth of a percent against the US Dollar (USD). A missed forecast in Canadian Manufacturing Sales was broadly brushed off, and an unexpected backslide in the University of Michigan’s (UoM) Consumer Sentiment is throwing a cautionary wrench in market sentiment to wrap up the trading week.
Manufacturing and Wholesale Sales in Canada saw a milder recovery from recent contractions than expected, but market sentiment is largely focused elsewhere after the UoM Consumer Sentiment Index fell to a six-month low, and 5-year Consumer Inflation Expectations ticked higher in June.
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Suka artikel ini? Tunjukkan apresiasimu dengan memberi hadiah untuk penulis.
Tinggalkan pesan Anda sekarang