Weak sentiment sees Sterling-Canadian dollar posting 0.26% loss

GBP/CAD slides down from 1.6763 to 1.672 today, losing 43 pips (0.26%).

While price action maintains a negative bias, Canada Manufacturing Sales (MoM) released today at 12:30 UTC with a figure of 0.8, while the previous figure was 0.3. Canada Wholesale Sales (MoM) released today at 12:30 UTC with a figure of 3.5, while the previous figure was -1.4.

In the meantime, negative performances are seen in other pairs, GBP/NZD closed at 2.0618 (down 0.39%). USD/CAD closed at 1.3149 (down 0.24%).

Positive performances can be seen by looking at other currencies as NZD/USD gained 0.36% and is now trading at 0.6166.

Furthermore, Canada Consumer Price Index is expected tomorrow at 12:30 UTC. Canada Core Consumer Prices is expected tomorrow at 12:30 UTC. Canada Core Consumer Prices figure is projected at 0.5%. It previously stood at 0.5%; data will be released tomorrow at 12:30 UTC.

Having set a significant low of 1.4665 8 months ago, Sterling-Canadian dollar is trading 14.31% higher.