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

The loonie was trading at 82.30 against the yen, 0.9234 against the aussie, 1.4692 against the euro and 1.3098 against the greenback around 8:32 am ET.

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