Canadian Dollar treads water on tepid Friday

The Canadian Dollar (CAD) traded softly on a low-volatility Friday, sticking close to the midrange.

FXStreetMay 17 13:33 ET

Canadian Inflation Expected to Show Further Cooling in April -- Market Talk

Next week's Canadian inflation report for the April will be the last major data before the central bank's June 5 rate decision and, baring an upside surprise, is likely to reinforce that soft economic conditions and labor market warrant a quarter-point cut, Royal Bank of Canada's Nathan Janzen and Carrie Freestone say.

WSJMay 17 10:52 ET

Canadian Inflation Set To Ease Further But BoC May Need More Clarity -- Market Talk

Canadian headline and core inflation measures are expected to have edged lower in April, offering some support for a central bank seeking sustained progress on price pressures.

WSJMay 16 09:56 ET

Manufacturing Sales Down 2.1% in March at $69.9 Billion: Statistics Canada

Manufacturing sales fell 2.1 per cent to $69.9 billion in March as sales of petroleum and coal products and motor vehicles fell, Statistics Canada said Wednesday.

BNN BloombergMay 15 11:09 ET

Canada Factory Shipments Fall 2.1% in March

Canadian manufacturing was again in decline in March as shipments of petroleum and motor vehicle both fell sharply, pulling factory sales down by the most in five months.

WSJMay 15 08:39 ET

Canadian Manufacturing Sales Another Sign Of Softening GDP -- Market Talk

Renewed weakness in Canadian factory sales volumes offers further evidence of a soft economic backdrop to end 1Q. Manufacturing shipments dropped 2.1% on-month in March, and were 2.0% lower in volume terms.

WSJMay 15 08:38 ET