Wednesday morning in New York, the Canadian dollar showed strength against its major counterparts. The loonie climbed to an 8-day high of 1.6421 against the euro by 11:00 am ET, compared to yesterday's close of 1.6618. The Canadian currency also advanced to 1.2369 against the US dollar and 81.34 versus the Japanese yen by this time, from previous session's multi-day lows of 1.2366 and 80.09, respectively.

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