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Statistics Canada releases Canada retail sales for May and consumer price inflation data for June at 8:30 am ET Friday. The inflation is forecast to slow to 0.1 percent on a seasonally adjusted month basis, from 0.4 percent growth in May.
The loonie traded mixed against its major counterparts ahead of the data. While the loonie rebounded from early lows against the yen, greenback and the euro, it held steady against the aussie.
The loonie was worth 1.4433 against the euro, 0.9802 against the aussie, 81.00 against the yen and 1.3100 against the greenback as of 8:25 am ET.
