Category Archives: Uncategorized

Loonie Falls After Canada Retail Sales, CPI

At 8:30 am ET Friday, Statistics Canada has released Canada retail sales for August and consumer inflation for September.

After these data, the loonie dropped against its major counterparts.

The loonie was worth 85.77 against the yen, 0.9355 against the aussie, 1.3103 against the greenback and 1.5012 against the euro around 8:31 am ET.

The material has been provided by InstaForex Company – www.instaforex.com

Loonie Mixed Ahead Of Canada Retail Sales, CPI

At 8:30 am ET Friday, Statistics Canada will release Canada retail sales for August and consumer inflation for September.

Ahead of these data, the loonie traded mixed against its major counterparts. While the loonie rose against the greenback and the yen, it fell against the aussie. Against the euro, it held steady.

The loonie was worth 86.23 against the yen, 0.9308 against the aussie, 1.3037 against the greenback and 1.4945 against the euro as of 8:25 am ET.

The material has been provided by InstaForex Company – www.instaforex.com

Dutch Consumer Confidence Weakens For Third Month

Dutch consumer confidence eroded for a third straight month in October, as households’ economic expectations weakened, leading to a diminished willingness to buy, survey data from the Central Bureau of Statistics showed on Friday.

The consumer confidence index declined to 15 from 19 in September. However, the score was well above the average of -3 over the past twenty years.

The sub-index reflecting economic expectations fell to 28 from 34. The willingness to buy indicator dropped to 6 from 8.

Households were also less positive regarding their financial situation and were less inclined to make big purchases.

Separately, the statistical office said household spending grew 2.2 percent year-on-year in August. The pace of growth was slower than those witnessed in the previous two months.

The material has been provided by InstaForex Company – www.instaforex.com