Following the release of Canada inflation for August and retail sales for July at 8:30 am ET Friday, the loonie dropped against its major rivals.

The loonie was trading at 91.15 against the yen, 1.2297 against the greenback, 1.4712 against the euro and 0.9795 against the aussie around 8:31 am ET.

US Dollar vs CAD (FX:USDCAD)
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US Dollar vs CAD (FX:USDCAD)
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