When ar the Canadian retail sales and the way might they have an effect on USD/CAD? part 1

Canadian retail sales summary

Statistics Canada can publish the monthly retail sales report for the month of June later this Friday at 12:30 time. accord estimates purpose to yet one more weaker reading within the headlines sales, that is anticipated to point out a zero.1% fall for the second consecutive month. Meanwhile, core sales - excluding cars, is predicted to stay flat on a monthly basis as against the previous month's decline of zero.3%.

Deviation impact on USD/CAD

Readers will realize FX Street's proprietary deviation impact map of the event below. As ascertained the reaction is probably going to be within the vary of 38-43 pips just in case of deviations up to +0.38 to -0.58, though in some cases, if notable enough, will fuel movements of up to 73-76 pips within the subsequent 4-hours.