At 8:30 am ET Tuesday, Statistics Canada releases Canada GDP data for March. The economy is likely to contract by 0.1 percent, unchanged from last month.

Ahead of the data, the loonie traded mixed against the other major currencies. While the loonie fell against the aussie, it rose against the rest of major rivals.

The loonie was worth 1.3031 against the greenback, 85.21 against the yen, 0.9459 against the aussie and 1.4533 against the euro as of 8:25 am ET.

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