At 8:30 am ET Thursday, Statistics Canada will release Canada trade data for February. Before the data, the loonie traded mixed against its major counterparts. While the loonie dropped against the yen and the greenback, it held steady against the euro and aussie.

The loonie was worth 1.5426 against the euro, 75.75 against the yen, 0.8598 against the aussie and 1.4157 against the greenback as of 8:25 am ET.

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