Following the release of Canada CPI for January at 8:30 am ET Friday, the loonie advanced against its major rivals.

The loonie was trading at 84.45 against the yen, 0.9888 against the aussie, 1.5547 against the euro and 1.2654 against the greenback around 8:31 am ET.

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