A slew of disappointing data out of Canada has sent the Loonie tumbling this morning (despite higher oil prices).
Canadian Retail Sales and Inflation data missed across the board…
Multi-year lows in CPI, Core CPI, and Retail Sales…
And the result is a tumbling Loonie as expectations of further rate cuts loom…
Charts: Bloomberg
via http://ift.tt/2dg0imS Tyler Durden