Higher than expected. Prior month revised toe 1.9% from 1.8%

The Canada wholesale trade sales comes in at 0.7% vs 0.1% estimate. The prior month was revised a touch to 1.9% from 1.8%.

  • Wholesale inventories declined 0.1%
  • Wholesale sales climbed 0.6% in volume terms
  • Excluding vehicles and parts, Canada wholesale sales increased 0.1%

The USDCAD moved a down a little (6 pips) and then back higher.