Canada retail sales rises by 1.7% vs est. 0.5%. Ex auto/revisions also better. 

Ex Auto +2.0% vs est. +0.7%

The prior months were revised higher to -1.4% from -1.7% prior. The Ex Auto was also revised higher to -1.5% from -1.8%.

The gains were across all major categories. The general merchandise category led the increase. Car sales were also higher (+0.9%). This was the first gain in 5 months for that category.

The USDCAD is making new lows and is trading at the lowest level since Jan 21, 2015. The next target comes in at 1.20491. Below that the 1.2012 and 1.2000 area will be targeted.