Western Union:
A trio of North American data left the loonie pinned at six-week lows and at heightened risk of topping a key psychological level.
The news north of the border kept a headwind on the loonie as producer prices, a gauge of inflation around the bend, tumbled 2.4 percent in April, faster than its 1.8 percent fall in March.
Canada's current account balance, a broad measure of international trade, swelled to C$17.5 billion in the first quarter from a C$13.05 billion shortfall in the fourth quarter. The loonie's fall could be slowed by weaker than expected U.S. jobless claims.
