(Bloomberg) -- The Canadian dollar fell from near a
30-year high as investors speculated a U.S. slowdown will hurt
the nation's economy.
The currency declined after a U.S. report said retail sales
fell in June by the most in almost two years, raising concern
near-record gasoline prices and falling home values are taking a
bigger toll on consumers than economists forecast. Canada ships
more than 80 percent of its exports to the U.S.
Read more at Bloomberg Currencies News
30-year high as investors speculated a U.S. slowdown will hurt
the nation's economy.
The currency declined after a U.S. report said retail sales
fell in June by the most in almost two years, raising concern
near-record gasoline prices and falling home values are taking a
bigger toll on consumers than economists forecast. Canada ships
more than 80 percent of its exports to the U.S.
Read more at Bloomberg Currencies News
No comments:
Post a Comment