CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: CAD muted after weak retail sales data from Canada

14:35 21 January 2022

Canada retail sales data for November was released at 1:30 pm GMT.  Report turned out to be weaker than expected but it did not trigger any major moves on the markets. Highlights of the report:

• Headline: 0.7% MoM vs 1.2% MoM expected (1.6% MoM previous)

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• Ex-autos: 1.1% MoM vs  1.2% MoM expected (1.3% MoM previous)

 USDCAD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.2525 level. Source: xStation5

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