Forex - USD, Yen Changed Despite Mi

The U.S. dollar and the Japanese yen were little changed on Monday in Asia, after recording gains earlier in the day on heightened Middle East tensions.The U.S. dollar index that tracks the greenback against a basket of other currencies was little changed at 96.532 by 11:20 PM ET (03:20 GMT).The index was under pressure earlier in the day after the Institute for Supply Management reported that the manufacturing sector contracted in December by th...

Canada: Autos weigh on October reta

The Canadian retail sales report released on Friday, showed a decline of 1.2% in October. National Bank of Canada’s analyst Kyle Dahms explains that October retail sales were like a lump of coal for the Canadian economy.Key Quotes:“In real terms, Canada’s retail sales fell 1.4% in October.”“The Canadian retail results were much worse than expected. A significant portion of the miss stemmed from a drop in the sales of autos/parts. Histor...