The Canadian dollar is steady on Thursday, after posting sharp gains on Wednesday. Currently, USD/CAD is trading at 1.3182, down 0.08% on the day. On the fundamental front, Canada’s trade deficit was up slightly, from C$1.0 billion to C$1.1 billion. This beat the forecast of C$1.4 billion. There was better news from Ivey PMI, which jumped to 60.0, crushing the estimate of 49.3 pts.