Canada consumer inflation data for December will be published at 8:30 am ET Wednesday.

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

The loonie was worth 1.3042 against the greenback, 84.32 against the yen, 0.8940 against the aussie and 1.4461 against the euro at 8:25 am ET.

Euro vs CAD (FX:EURCAD)
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Euro vs CAD (FX:EURCAD)
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