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Statistics Canada will publish Canada trade data for July at 8:30 am ET Thursday. The loonie retreated from its early highs against its major counterparts ahead of the data.

The loonie was worth 87.15 against the yen, 1.2620 against the greenback, 1.4950 against the euro and 0.9319 against the aussie as of 8:25 am ET.


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