Canadian dollar drifted weaker against its major rivals following the release of Canada's existing home sales report for May.
Existing home sales rose 3.6 percent in May following 0.6 percent increase in the previous month.
As of 9:20 am ET, the loonie was trading at 1.0168 against the greenback, 93.18 against the yen and 1.3570 against the euro.
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