Indicators Not Strong Enough To Move CAD

Wholesale sales reflected a robust Canadian economy as the 0.6 percent increase surpassed expectations. Another report released today showed a divestment of $3.1 billion in Canadian securities, caused in part by foreign takeovers. Today?s indicators showed little movement in the dollar. With the weekend just around the corner, tomorrow?s docket has no scheduled economic data.

[B]Previous 24 hours:
Wholesale Sales[/B] (MoM) (MAY)
Actual: -3.1%
Previous: 0.6%
[B]International Securities Transactions[/B] (MAY) (CAD)
Actual: 3.111
Previous: 1.543
[B]Next 24 hours:
[/B]There are no economic indicators scheduled for Canada over the next 24 hours.

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