加拿大零售销售全面走强 加元获强劲数据支撑

Core Viewpoint - The strong retail sales data from Canada in July indicates robust domestic consumption and consumer confidence, providing solid fundamental support for the Canadian dollar against the US dollar [1]. Group 1: Retail Sales Performance - Canada's retail sales in July increased by 1.5% month-on-month, aligning with market expectations [1]. - Core retail sales, excluding automobile sales, surged by 1.9%, significantly surpassing the market forecast of 1.1% [1]. - The strong performance in retail sales reflects a broad and significant enhancement in domestic consumption power [1]. Group 2: Economic Implications - The unexpected retail performance reinforces market perceptions of the resilience of the Canadian economy [1]. - This economic strength contributes to the relative strength of the Canadian dollar among major currencies [1]. Group 3: Currency Market Dynamics - The USD/CAD exchange rate is currently supported around 1.3820, with short-term resistance between 1.3900 and 1.3920 [1]. - A breakout above the resistance could lead to further gains towards 1.3980, while a drop below 1.3820 may open up a retracement towards 1.3750 [1]. - The overall trend indicates a range-bound movement in the exchange rate, awaiting new policy and data guidance [1].