Following the release of Canada wholesale sales for September at 8:30 am ET Tuesday, the loonie dropped slightly against its major rivals.

The loonie was trading at 87.76 against the yen, 1.2816 against the greenback, 1.5021 against the euro and 0.9710 against the aussie around 8:31 am ET.

CAD vs Yen (FX:CADJPY)
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CAD vs Yen (FX:CADJPY)
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