(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 report showed U.S. 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 report showed U.S. 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
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