Statistics Canada releases Canada retail sales for April at 8:30 am ET Thursday.

Ahead of the data, the loonie rose against its major rivals.

The loonie was worth 1.3293 against the greenback, 83.67 against the yen, 1.4849 against the euro and 1.0029 against the aussie as of 8:25 am ET.

AUD vs CAD (FX:AUDCAD)
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AUD vs CAD (FX:AUDCAD)
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