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Loonie Rises Vs Most Majors Ahead Of Canada Retail Sales

Canada retail sales for April are due from Statistics Canada at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While the loonie dropped against the aussie, it rose against the rest of major rivals.

The loonie was worth 90.29 against the yen, 0.9303 against the aussie, 1.4664 against the euro and 1.2266 against the greenback at 8:25 am ET.

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