Statistics Canada will release Canada consumer inflation for June at 8:30 am ET Wednesday. The loonie traded mixed against its major rivals before the data. While the loonie rose against the aussie, it retreated from its early highs against the rest of major rivals.

The loonie was worth 82.85 against the yen, 1.3067 against the greenback, 1.4653 against the euro and 0.9152 against the aussie as of 8:25 am ET.

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