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      Canada retail sales prints in line with estimates

      FXStreet (Mumbai) - The official data released in Canada showed July retail sales at +0.5%, as expected.

      The previous month’s figure was revised lower to to +0.4% from +0.6%. Retail sales Ex autos remained unchanged vs +0.5% (rev from +0.8%). Ex-auto & gas printed at +0.1% vs +0.2%.

      Overall the data tilts slightly on a weaker side, especially given June downward revisions and a drop in core retail sales.

      USD/CAD eyes 1.3300 post-data

      A bout of weakness is now hitting the Canadian dollar on Wednesday, helping USD/CAD to regain the vicinity of 1.3300 the figure...
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      AUD/USD slowly retraces intraday losses

      AUD/USD managed to recover from lows after facing a selloff wave on the back of a weaker China manufacturing PMI during the Asian session.
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