Economic data, the U.S Presidential debate, Capitol Hill, and COVID-19 will be in focus throughout the day.
USD/CAD did not manage to gain additional upside momentum and returned to the support at 1.3135.
The Canadian dollar edged higher against its broadly stronger U.S. counterpart on Thursday as Wall Street clung to hopes of a U.S. coronavirus relief package and oil prices climbed, with the loonie reversing its earlier decline. The Canadian dollar <CAD=> was trading 0.1% higher at 1.3138 to the greenback, or 76.12 U.S. cents, having traded in a range of 1.3123 to 1.3177. "The Canadian dollar is very much following the broader risk tone again today," said Erik Bregar, Director and Head of FX Strategy at the Exchange Bank of Canada.