USD/CAD flat as set of Canadian data looms

Source: WBP Online
© Reuters
The USD/CAD pair was seen hovering around the 1.3090 Canadian Dollar mark at 9:00 AM GMT, dropping by roughly 60 pips ahead of a series of Canadian data that is about to come out later on Friday. Oil climbing 0.7% to trade around $49 provided minor support for the Canadian Dollar. Domestic retail sales as well as inflation data will be part of the data release later on Friday, and will definitely add volatility to the Loonie.

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