At 8:30 am ET Wednesday, Statistics Canada will release Canada GDP data for August. Ahead of the data, the loonie traded mixed against its major opponents. While the loonie dropped against the aussie, it rose against the greenback, the yen and the euro.

The loonie was worth 86.29 against the yen, 0.9313 against the aussie, 1.4877 against the euro and 1.3122 against the greenback as of 8:25 am ET.

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