Canadian Dollar tepid amid US holiday markets

The Canadian Dollar is mostly flat near familiar territory on Thursday.

Canada GDP figures due Friday to draw some attention from Loonie traders.

Market volumes are notably thin with US markets shuttered for Thanksgiving.

The Canadian Dollar (CAD) traded thinly on Thursday, sticking to the 1.4000 handle against the Greenback as global markets grind into slow gear in the latter half of the trading week with overall market volumes crimped by a lack of flow from US institutions. US markets are shuttered in observation of the Thanksgiving holiday today, and a shortened day for American markets on Friday also bodes poorly for consistent market moves to wrap up the week.

Canada will be printing updates to Gross Domestic Product (GDP) growth figures on Friday, leaving Loonie traders in the lurch for Thursday. Still, Canadian Current Account figures came in better than expected, helping to muscle the CAD into a slightly higher stance on the day.