Friday, 30 January 2015

Euro to Canadian Dollar (EUR/CAD) Exchange Rate Forecast: German Retail Sales Jump, Canadian GDP, Eurozone CPI, Unemployment Rate Ahead

The Euro to Canadian Dollar (EUR/CAD) exchange rate recorded gains early in Friday’s European session after German Retail Sales reached higher than forecast levels.
Annual Retail Sales were pulled out of the -1.0% contraction to +4.0%. Economists had expected a smaller 3.6%
Earlier… The Euro to Canadian Dollar (EUR/CAD) exchange rate recorded gains in the second half of Thursday’s European trading after mixed German data and oil price declines.

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