Canada inflation data for May has been released at 8:30 am ET Wednesday. After the data, the loonie rose against its major counterparts.

The loonie was trading at 1.3653 against the euro, 104.73 against the yen, 0.8949 against the aussie and 1.2978 against the greenback around 8:31 am ET.

Euro vs CAD (FX:EURCAD)
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Euro vs CAD (FX:EURCAD)
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