Investing.com - Canadian wholesale sales fell more than expected in December, official data showed on Wednesday.
In a report, Statistics Canada said wholesale sales declined by a seasonally adjusted 1.4% in December, compared to forecasts for a 0.5% drop. Wholesale sales fell b6y 0.2% in November.
Following the release of the data, the Canadian dollar was lower against its U.S. counterpart, with USD/CAD rising 0.3% to hit 1.0981.
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