Statistics Canada will release Canada CPI for March at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While the loonie rose against the aussie, it held steady against the rest of major counterparts.

The loonie was worth 1.5381 against the euro, 76.11 against the yen, 0.8940 against the aussie and 1.4147 against the greenback at 8:25 am ET.

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