Canada housing starts for July are due at 8:15 am ET Tuesday. Ahead of the data, the loonie showed mixed trading against its major rivals. While the loonie dropped against the euro, it held steady against the rest of major rivals.

The loonie was worth 1.3076 against the greenback, 95.51 against the yen, 1.4437 against the euro and 0.9570 against the aussie as of 8:10 am ET.

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