Canada's leading indicators for May and retail sales data for April are due out at 8:30 am ET. Retail sales are expected to slow to 0.2 percent in April from 0.4 percent growth recorded in the previous month. Leading indicators rose 0.3 percent in April.
The Canadian dollar paused its recent rally against its major rivals ahead of the data. As of 8:26 am ET, the loonie was trading at 1.2910 against the euro, 78.60 against the yen and 1.0195 against the greenback.
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