Canada GDP data for April is set for release at 8:30 am ET Tuesday. Ahead of the data, the loonie showed mixed trading against its major rivals. While the loonie held steady against the aussie and the euro, it rose against the greenback and the yen.

The loonie was worth 1.2363 against the greenback, 99.01 against the yen, 1.3833 against the euro and 0.9513 against the aussie as of 8:25 am ET.

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