At 8:30 am ET Wednesday, Canada CPI for August is due. Ahead of the data, the loonie traded mixed against its major counterparts. While it held steady against the aussie, it dropped against the rest of major rivals.

The loonie was worth 86.04 against the yen, 1.2687 against the greenback, 1.5004 against the euro and 0.9290 against the aussie at 8:25 am ET.

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