On Tuesday, the US dollar was steady against the Canadian dollar after the release of disappointing economic reports in the US, while investors took a wait on the eve of forthcoming meeting of the Federal Reserve on Thursday.
In early US trade, the pair USD/CAD reached 1.3227, the session low; the pair subsequently consolidated at 1.3253.
The pair is likely to receive support at 1.3150, the low of September 9, and resistance at 1.3312 - the high of September 8.
On Tuesday, data showed that retail sales in the US rose 0.2% in August, less than the expected increase of 0.3%. Retail sales in July rose 0.7%, the figure being revised from the previously projected growth of 0.6%.
The base index of retail sales excluding autos rose 0.1% last month, confounding expectations for growth by 0.2%. In July, the base index of retail sales rose 0.6%, the figure being revised from the previously forecast by 0.4%.
Also, the Federal Reserve Bank of New York said that the index of manufacturing activity of Empire State rose to -14.67 this month from -14.92 in August, compared to expectations of growth to -0.75.
The data also showed that industrial production in the US decreased by 0.4% in August, twice the expected decline of 0.2%. Industrial production in July rose 0.9%, the figure being revised from the previously projected growth of 0.6%.
Sentiment on US dollar remains fragile amid fears that the controversial American statistics and volatility in global stock markets will force the US central bank to refrain from raising interest rates this Thursday.
The Canadian dollar rose against the euro; EUR/CAD fell 0.25% to 1.4982.
In the Eurozone, earlier data showed that the index of economic sentiment in Germany by ZEW fell to 12.1 in September, from 25.0 in the previous month. Analysts had expected the index to fall only to 18.4 this month.