Canada Dollar Reaches Two-Week Low as Europe Debt Trims Demand – Bloomberg

July 24, 2012
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Canada Dollar Reaches Two-Week Low as Europe Debt Trims Demand
Bloomberg
Implied volatility for one-month options on the Canadian dollar versus the greenback increased for a third day, rising to 7.47 percent, after falling to 6.22 percent at the end of last week, the lowest this year. The five-year average is 12 percent. Implied volatility, which traders quote and ... Retail sales rose less than economists forecast in May as lower spending on gasoline partly offset gains at food and clothing stores, government figures showed. Sales increased 0.3 percent to C$38.9 billion ($38.2 billion), Statistics ...

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