United States Industrial Production (MoM) came in at 0.4%, above forecasts (0.1%) in December

USD/CAD trades flat around 1.3900 on Friday at the time of writing, virtually unchanged on the day. The pair’s hesitation is mainly driven by a stronger Canadian Dollar (CAD), supported by the rebound in Oil prices, while the US Dollar (USD) remains firm in the wake of strong US data sets.