Statistics Canada has released the Canada consumer price inflation data for January at 8:30 am ET Friday.

Following the data, the loonie rose against its major counterparts.

The loonie was trading at 1.3863 against the euro, 1.3067 against the greenback, 1.0038 against the aussie and 85.82 against the yen around 8:40 am ET

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