At 8:30 am ET Thursday, Statistics Canada releases Canada building permits for May. The value of building permits are expected to rise 1.5 percent, reversing a 0.3 percent decline in June.
Ahead of the data, the loonie traded mixed against the other major currencies.
While the loonie rose against the euro and the greenback, it held steady against the aussie and the yen.
The loonie was worth 1.4312 against the euro, 0.9712 against the aussie, 78.24 against the yen and 1.2913 against the greenback as of 8:25 am ET.
The material has been provided by InstaForex Company – www.instaforex.com