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Statistics Canada will release Canada wholesale sales for July at 8:30 am ET Thursday. On month, sales are forecast to fall 0.7 percent from 0.5 percent in the previous month.
Ahead of the data, the loonie traded mixed against its major rivals. While the loonie fell against the euro, yen and the greenback, it rose against the aussie.
The loonie was worth 90.95 against the yen, 1.4723 against the euro, 1.2354 against the greenback and 0.9796 against the aussie as of 8:25 am ET.
