Canada consumer inflation for November is due at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While it dropped against the greenback and the yen, it was steady against the euro and the aussie.

The loonie was worth 1.5530 against the euro, 81.11 against the yen, 0.9643 against the aussie and 1.2745 against the greenback as of 8:25 am ET.

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