Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

The CAD awaits the retail figures

The CAD awaits the retail figures

Information is not investment advice

Canada will post an update on change in core retail sales on March 20 at 14:30 MT time. 

Instruments to trade: USD/CAD, CAD/JPY, EUR/CAD

The Bank of Canada unexpectedly cut the interest rate, so the Canadian dollar fell to the lows of February 2016 against the USD. One of the releases which may help the loonie to recover this week is the retail figures. Analysts recommend paying attention to the core level, as it shows more accurate information due to exclusion of volatile automobile sales.  Last time, an advance by +0.5% brought short-term positive momentum to the CAD. That is, the release will be important for day-traders. 

  • If the actual level of indicator is higher than analysts’ expectations, the CAD will rise;
  • If the actual level of indicator is lower than analysts’ expectations, the CAD will fall.

Check the economic calendar 





Choose your payment system

Learn more