• The Canadian Dollar continues to churn in the midrange.
• Canada remains on the back burner after CPI inflation fizzled this week.
• CAD traders are facing a slim data calendar next week.

The Canadian Dollar (CAD) found little underpinning momentum on Friday, and the CAD is poised to wrap up the end of the trading week close to where it started. The Canadian Dollar fell to a three-week low of 1.3650 against the US Dollar (USD), but broad-market Greenback weakness has USD/CAD stumped near 1.3550.

An appearance from Bank of Canada (BoC) Governor Tiff Macklem fizzled on Friday, failing to jumpstart CAD flows as the BoC Governor focused on non-monetary policy musings. Looking ahead to next week, CAD traders are facing down another quiet week with strictly mid-tier data on offer.