Canada’s CPIs and retail sales may help the loonie regain some poise – Forex News Preview
Posted on March 22, 2018 at 1:05 pm GMTCanada will see the release of its inflation and retail sales data on Friday at 1230 GMT, with forecasts pointing to an acceleration in price pressures and a sharp rebound in consumer spending. While such prints would be pleasant news for the Bank of Canada (BoC) and could benefit the loonie, the currency’s broader direction will also depend to a large degree on how the NAFTA talks progress in the coming weeks. The BoC has gone to great lengths to [..]