Canadian Retail Sales Disappoints in July Retail sales in Canada unexpectedly fell 0.1 percent in July after holding flat the month prior amid economists’ expectations of a 0.6 percent rise. The data adds further weight onto the single currency as inflation in the region slowed to 1.7 percent in August from 1.8 percent in July, while the core rate remained unchanged at 1.6 percent. Read more on Daily FX via Yahoo!…. Click Here to Read More
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Posts Tagged ‘disappoints’
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FOREX-Yen gains broadly as BOJ easing move disappoints
September 2nd, 2010 
kk FOREX-Yen gains broadly as BOJ easing move disappoints * Dollar/yen trades below 85, not far from 15-year low * BOJ expands fixed rate fund supply program * Euro falls vs dollar as stocks decline By Wanfeng Zhou and Aleksandra Michalska NEW YORK, Aug 30 – The yen rose broadly on Monday after the Bank of Japan’s decision to expand cheap loans to banks disappointed investors who had looked for more aggressive measures to curb the yen’s strength. The … Read more on Reuters via Yahoo! Asia…. Click Here to Read More
