China Retail Sales (YoY) below forecasts (1.5%) in July: Actual (0.6%)

Aug 17, 2026

Canadian Dollar edges higher as Fed rate hike bets recede, CPI data looms

The USD/CAD pair edges lower to around 1.3860 during the early European session on Monday. The US Dollar (USD) extends the decline against the Canadian Dollar (CAD) as traders pare bets on the US Federal Reserve (Fed) rate hikes.

China Retail Sales (YoY) below forecasts (1.5%) in July: Actual (0.6%)

Canadian Dollar edges higher as Fed rate hike bets recede, CPI data looms

China Industrial Production (YoY) came in at 4.5% below forecasts (5%) in July