At 8:30 am ET Friday, Statistics Canada will publish Canada GDP data for September. The economy is forecast to grow 0.1 percent on a monthly basis, unchanged from August.

Ahead of the data, the loonie rose against its major rivals.

The loonie was worth 85.41 against the yen, 1.5108 against the euro, 0.9715 against the aussie and 1.3296 against the greenback as of 8:25 am ET.

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