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Canada Wholesale Sales MoM

Latest Release

Nov 22, 2021

Actual

1.4%

Previous

1.0%

Wholesale Sales measures the change in the total value of sales at the wholesale level. It is a leading indicator of consumer spending.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
Dec 16, 2021 (Oct)	08:30		1.1%	1.0%
Nov 22, 2021	08:30	1.4%		1.0%
Nov 15, 2021 (Sep)	08:30	1.0%	1.1%	0.3%
Oct 25, 2021	07:30	1.1%		0.3%
Oct 15, 2021 (Aug)	07:30	0.3%	0.5%	-2.1%
Sep 16, 2021 (Jul)	07:30	-2.1%	-2.0%	-0.8%

News

Forex - USD/CAD Slips Lower Despite Weak Canadian Data

Forex - USD/CAD Slips Lower Despite Weak Canadian Data By Investing.com - Jan 22, 2018

Investing.com - The U.S. dollar slipped lower against its Canadian counterpart on Monday, despite the release of downbeat Canadian data as the U.S. government shutdown continued to dampen demand for...

Forex - USD/CAD Slips Lower After Upbeat Canadian Data

Forex - USD/CAD Slips Lower After Upbeat Canadian Data By Investing.com - Dec 20, 2017

Investing.com - The U.S. dollar slipped lower against its Canadian counterpart on Wednesday, as upbeat Canadian data lent support to the local currency, while progess on the U.S. tax reform front did...

Canadian Wholesale Sales Register Stronger Than Expected Rebound in October

Canadian Wholesale Sales Register Stronger Than Expected Rebound in October By Investing.com - Dec 20, 2017

Investing.com - Canadian wholesale sales rebounded more than forecast in October, bolstering optimism over the Canadian economy, official data showed on Wednesday. In a report, Statistics Canada said...

Analysis

The U.S. Dollar Slips At The Start The New Week By Marc Chandler - Nov 15, 2021

While the Belarus-Poland border remains an intense standoff, there have been a couple other diplomatic developments that may be exciting risk appetites today. First, Biden and Xi will talk by phone...

Canadian Dollar Extends Gains, While Yen Slumps Further By Marc Chandler - Oct 15, 2021

The S&P 500 and NASDAQ gapped higher yesterday and closed strong, helped by robust earnings reports. This, coupled with Taiwan Semiconductor Manufacturing (NYSE:TSM) earnings and Beijing easing...

CDN Slips, Wholesales Sales Next By Kenny Fisher - Feb 12, 2021

The Canadian dollar has posted considerable losses in the Friday session. Currently, USD/CAD is trading at 1.2746, up 0.34% on the day.US dollar flexes musclesThe US dollar is showing some strength on...

Wholesale Sales (MoM) Discussion

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All Comments (6)

Sam Schmidt Aug 20, 2014 11:04AM ET

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Well I guess it's inevitable that there are occasional screw-ups with the data. Guess the only thing we can do is to double-check all figures with different sources (ie., ForexFactory.com)! They had the right forecast over there, which finally solved my "puzzle" of why CAD strengthened. At least Investing.com got the correct print.

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Sam Schmidt Aug 20, 2014 10:22AM ET

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Well I guess it's inevitable that there are occasional screw-ups with the data. Guess the only thing we can do is to double-check all figures with different sources (ie., ForexFactory.com)! They had the right forecast over there, which finally solved my "puzzle" of why CAD strengthened. At least Investing.com got the correct print.

0 0

Gustavo Damasio Aug 20, 2014 8:48AM ET

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Why USD/CAD went down if the Actual Data was bearish for CAD?

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Bonaventura Hasta Aug 20, 2014 8:48AM ET

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if I see other data the forecast is 0.4

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Gustavo Damasio Aug 20, 2014 8:48AM ET

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Where did you see other data?

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Milutin Kazic Aug 20, 2014 8:39AM ET

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USD weakens badly... take a peek at XAU

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Jack Sprat Aug 20, 2014 8:32AM ET

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bearish yet usd/cad is going down why.

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Lukasz Mikolajewski Aug 20, 2014 8:32AM ET

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good question i ask to wtf? i make rollover action

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Jack Sprat Aug 20, 2014 8:17AM ET

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up or down

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NOB BINARY CAPITAL Aug 20, 2014 8:17AM ET

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Pple why does the trend differ from the data. i thught negative data means bearish for the CAD now i see its bullish????? some answers

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163.47

+3.23 +2.02%

Summary

Buy

Moving Averages:

Buy 8

Sell 4

Indicators:

Buy 3

Sell 2

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Buy

Sell

Indicators:

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%

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Moving Averages:

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Moving Averages:

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Buy

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Moving Averages:

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Buy

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Moving Averages:

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Buy

Sell

%

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Moving Averages:

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Buy

Sell

%

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Moving Averages:

Buy

Sell

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Buy

Sell

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Moving Averages:

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Sell

Indicators:

Buy

Sell

%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

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Moving Averages:

Buy

Sell

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Buy

Sell

%

Summary

Moving Averages:

Buy

Sell

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Buy

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%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

%

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Moving Averages:

Buy

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Indicators:

Buy

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%

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Moving Averages:

Buy

Sell

Indicators:

Buy

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Moving Averages:

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Moving Averages:

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Moving Averages:

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Moving Averages:

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Moving Averages:

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Moving Averages:

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Moving Averages:

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Indicators:

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Moving Averages:

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Moving Averages:

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163.47

+3.23 +2.02%

Summary

Buy

Moving Averages:

Buy 8

Sell 4

Indicators:

Buy 3

Sell 2

2,849.1

-61.5 -2.11%

Summary

Strong Sell

Moving Averages:

Buy 0

Sell 12

Indicators:

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1,129.00

-7.99 -0.70%

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Strong Sell

Moving Averages:

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Moving Averages:

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Moving Averages:

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Buy

Sell

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Buy

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Buy

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Moving Averages:

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Sell

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Buy

Sell

ProShares UltraShort S&P500

%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

ProShares UltraShort QQQ

%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

		Apple	163.47	Buy
		Alphabet A	2,849.1	Strong Sell
		Tesla	1,129.00	Strong Sell
		Amazon.com	3,502.69	Strong Sell
		Meta Platforms	326.53	Strong Sell
		NVIDIA	321.69	Strong Sell
		Alibaba ADR	127.13	Neutral

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Central Banks Rates

	Central Banks		Interest Rates	Next Meeting
		FED	0.00%-0.25%	Dec 15, 2021
		ECB	0.00%	Dec 16, 2021
		BOE	0.10%	Dec 16, 2021
		SNB	-0.75%	Dec 16, 2021
		RBA	0.10%	Dec 07, 2021
		BOC	0.25%	Dec 08, 2021
		RBNZ	0.75%	Nov 24, 2021
		BOJ	-0.10%	Dec 17, 2021
		CBR	7.50%	Dec 17, 2021
		RBI	4.00%	Dec 08, 2021
		PBOC	3.85%
		BCB	7.75%	Dec 08, 2021