USD/CAD Moves Up, Canadian Retail Sales Fall

USD/CAD is trading at 1.3191, up 0.0049.

The pair is trading at the session highs. Statistics Canada reported that December retail sales fell 0.5 percent versus a 0.3 rise in November. Ex-autos Canadian retail sales fell 0.3 percent versus a 0.1 percent decline in November.

Canadian retail sales were up 4.3 percent year over year in December rising from versus a 3 percent year over year gain in November.