Canada is set to release its retail sales report for March at 8:30 am ET. Retail sales growth are expected to have slowed to 0.1 percent month-on-month in March following 0.8 percent growth recorded in February. Stripping out autos, sales are expected to ease to 0.1 percent from last month's 0.7 percent growth.
The Canadian dollar held steady against its major counterparts ahead of the report. As of 8:25 am ET, the loonie was trading at 1.03 against the greenback, 100.05 against the yen and 1.3313 against the euro.
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