Canada consumer inflation for July is due at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While it rose against the euro, it was steady against the rest of major counterparts.

The loonie was worth 80.16 against the yen, 0.9548 against the aussie, 1.5691 against the euro and 1.3144 against the greenback as of 8:25 am ET.

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