The euro advanced to a 2-day high of 1.2899 against its Canadian counterpart around 3:20 am ET Friday, up 0.15 percent from Thursday's close of 1.2878.
The euro rebound against the Canadian dollar is expected to gain a proper shape beyond 1.29 and the cross is inching closer to break Wednesday's peak of 1.2945 to set its strongest mark in nearly 4-months.
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