USD/CAD Moves Up, Canadian Retail Sales Slip

USD/CAD is trading at 1.3114, up 0.0065. The pair has moved up in rapid fashion. Statistics Canada reported that July retail sales slipped 0.1 percent versus a decline of 0.1 percent in June. Year over year retail sales were up 2.3 in July , slowing from the level of 2.7 percent in June.