Statistical Canada will release Canada jobs data for November at 8:30 am ET Friday. Economists forecast a decline of 15,000 jobs in November, after adding 43,900 jobs in October.

The loonie traded mixed against its major counterparts before the data. While the loonie rose against the euro, it held steady against the rest of major counterparts.

The loonie was valued at 1.4170 against the euro, 85.61 against the yen, 0.9878 against the aussie and 1.3311 against the greenback at 8:25 am ET.

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