Poor Retail Sales sparks USD/CAD

As posted in my trade recommendations, the Canadian Core Retail Sales were released today at 8:30 am EST. The retail sales as I predicted came out at .5% lower than the forecasted figure. In addition, unemployment claims had also increased by 12k. With two high impact poor economic indicators being released for the CAD, the USD/CAD jumped up over 100 pips in a span of 5 hours.

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