Canada is set to release its existing home sales for April at 9:00 am ET. In March, existing home sales rose 2.4 percent.
The Canadian dollar showed mixed trading ahead of the report. While the loonie held steady against the yen, it drifted weaker against the euro and the greenback.
As of 8:55 am ET, the Canadian dollar was trading at 1.0192 against the greenback, 100.56 against the yen and 1.3115 against the euro.
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