At 8:30 am ET Wednesday, Statistics Canada releases Canada trade data for March. Ahead of the data, the loonie traded mixed against its major rivals. While the loonie held steady against the greenback, it fell against the rest of major rivals.

The loonie was worth 1.2741 against the greenback, 83.48 against the yen, 1.4683 against the euro and 0.9546 against the aussie as of 8:25 am ET.

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