At 8:30 am ET Tuesday, Statistics Canada will release Canada trade data for April. Ahead of the data, the loonie showed mixed trading against its major counterparts. While it held steady against the aussie, it advanced against the rest of major rivals.

The loonie was worth 1.4710 against the euro, 90.55 against the yen, 0.9360 against the aussie and 1.2076 against the greenback as of 8:25 am ET.

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