After the release of Canada consumer inflation for May at 8:30 am ET Wednesday, the loonie advanced against its major counterparts.

The loonie was trading at 81.18 against the yen, 0.9170 against the aussie, 1.4955 against the euro and 1.3349 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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