After the release of Canada consumer inflation for May at 8:30 am ET Wednesday, the loonie inched down against its major counterparts.

The loonie was trading at 1.4768 against the euro, 90.19 against the yen, 0.9393 against the aussie and 1.2180 against the greenback around 8:31 am ET.

US Dollar vs CAD (FX:USDCAD)
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