# Canadian dollar falls after manufacturing sales data disappoints - The Globe and Mail

> The Canadian dollar was little changed after July factory sales fell 1.3%, far worse than the 0.3% decline expected, as plant shutdowns hit primary metals and autos. The loonie recovered from a near two-week low as the US dollar broadly weakened.

- Date: 2019-09-17 · published 2019-09-17T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/57323-canadian-dollar-falls-after-manufacturing-sales-data-disappoints-the-globe-and
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Weak Canadian factory data signals slowing trade-exposed activity and heightens the chance of Bank of Canada easing, which can weigh on the loonie and influence USD/CAD pricing for Canadian commodity buyers.

## Read by commodity

- USDCAD: neutral

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-falls-after-manufacturing-sales-data-disappoints/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.