Following the release of Canada consumer prices for March and retail sales for February at 8:30 am ET Friday, the loonie dropped against its major counterparts.

The loonie was trading at 1.2687 against the greenback, 84.77 against the yen, 0.9758 against the aussie and 1.5617 against the euro around 8:32 am ET.

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