CANADA FX DEBT-Canadian dollar rally stalls as wholesale trade drops

    * Loonie trades near flat against the greenback
    * Canadian wholesale trade falls 1.1% in October
    * Canadian payroll employment rises by 30,900 in November
    * Canadian bond prices dip across the yield curve

    TORONTO, Dec 19 (Reuters) - The Canadian dollar was little
changed against its U.S. counterpart on Thursday, unable to add
to this week's gains as domestic data showed a
bigger-than-expected drop in wholesale trade.     
    Canadian wholesale trade declined by 1.1% in October from
September on weaker sales in the machinery, equipment and
supplies subsector, as well as agricultural supplies, Statistics
Canada said. Analysts had forecast a 0.1% decrease.             
    Separate data from payroll services provider ADP showed that
Canada added 30,900 jobs in November, the fifth straight month
of gains.             
    Canada's retail sales report for October is due on Friday
and could help guide expectations for the Bank of Canada
interest rate outlook.
    At 10:02 a.m. (1502 GMT), the Canadian dollar          was
trading nearly unchanged at 1.3113 to the greenback, or 76.26
U.S. cents. The currency, which notched on Wednesday a
seven-week high at 1.3103, traded in a range of 1.3108 to
    For the week, the loonie was up 0.4%, boosted by data
showing a pick-up in Canadian underlying inflation and a trade
deal between the United States and China.
    Canada is a major producer of commodities, so its economy
could benefit from an improved outlook for global trade.
    U.S. crude oil futures        held near a three-month high,
buoyed by falling U.S. crude inventories and thawing U.S.-China
trade relations.             
    Canadian government bond prices edged lower across the yield
curve, with the 10-year             falling 12 Canadian cents to
yield 1.705%. The 10-year yield touched its highest intraday
level since May 22 at 1.736%.

 (Reporting by Fergal Smith
Editing by Mark Heinrich)