The U.S. dollar/Canadian dollar (USD/CAD) slumped on Friday following the release of stronger Canadian data, while the U.S. dollar pulled back across the board amid profit-taking and after President Donald Trump had criticised the Federal Reserve’s interest rate rises the day before. Canada’s retail sales rose 2.0% month-over-month in May versus 1.0% expected with core sales climbing 1.4% on the month, also better than expected.
From:: Resource Investor