After the release of Canada trade data and new housing price index for March at 8:30 am ET Thursday, the loonie declined against its major counterparts.

The loonie was trading at 81.39 against the yen, 1.3491 against the greenback, 1.5102 against the euro and 0.9408 against the aussie around 8:32 am ET.

Grafico Cross Euro vs CAD (FX:EURCAD)

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Grafico Cross Euro vs CAD (FX:EURCAD)

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