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The Loonie ignores good retail numbers and falls after China retaliates with tariffs on U.S. goods

August 23, 2019

The Loonie and USD/CAD pair started with a choppy session this morning, moving within a range of 33 pips in 1 hour before Powell’s speech in Jackson Hole.

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Today's expected ranges:

USD / CAD
1.3250 - 1.3400 ▲

EUR/ CAD
1.4688 - 1.4857 ▼

GBP/CAD
1.6165 - 1.6362 ▲

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