The Canadian Dollar loses ground to the 1.3380 region. Canadian CPI rose 0.1% MoM in May. Retail Sales contracted 1.2% MoM. US advanced manufacturing/services PMIs next on tap. The Canadian Dollar depreciates further vs. its American neighbor on Friday, lifting USD/CAD to fresh tops in the 1.3380 region in the wake of CPI and Retail Sales figures. USD/CAD higher on poor data The pair managed to grab extra steam today after Canadian inflation figures tracked by the CPI showed consumer prices rising below estimates 0.1% inter-month in May and 2.2% over the last twelve months. In addition, core prices rose at an annualized 1.3% and contracted 0.1% on a yearly basis. Further out, Canadian Retail Sales disappointed investors contracting at a monthly 1.2% during April. Core Sales followed suit, down 0.1% MoM. In the meantime, the pair is navigating in fresh peaks in the 1.3380 region, levels last seen a year ago, despite the broad-based sentiment towards a weaker buck and a strong rebound in crude oil prices. USD/CAD significant levels As of writing the pair is up 0.20% at 1.3342 facing the next hurdle at 1.3379 (2018 high Jun.22) seconded by 1.3423 (78.6%% Fibo of the 2017 drop) and finally 1.3541 (high Jun.9 2017). On the flip side, a breach of 1.3263 (low Jun.22) followed by 1.3173 (10-day sma) and then 1.3132 (61.8% Fibo of the 2017 drop). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin price analysis: BTC/USD sustains overarching declines as India’s upcoming ban sends chills across the market FX Street 5 years The Canadian Dollar loses ground to the 1.3380 region. Canadian CPI rose 0.1% MoM in May. Retail Sales contracted 1.2% MoM. US advanced manufacturing/services PMIs next on tap. The Canadian Dollar depreciates further vs. its American neighbor on Friday, lifting USD/CAD to fresh tops in the 1.3380 region in the wake of CPI and Retail Sales figures. USD/CAD higher on poor data The pair managed to grab extra steam today after Canadian inflation figures tracked by the CPI showed consumer prices rising below estimates 0.1% inter-month in May and 2.2% over the last twelve months. In addition, core prices rose… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.