After the release of Canada wholesale sales for December at 8:30 am ET Thursday, the loonie retreated from its early highs against its major opponents.

The loonie was trading at 1.3177 against the greenback, 83.95 against the yen, 0.9368 against the aussie and 1.4970 against the euro around 8:34 am ET.

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