Following the release of Canada gross domestic product data for January at 8:30 am ET Tuesday, the loonie recovered from early lows against its major rivals.

The loonie was trading at 1.2743 against the greenback, 94.06 against the yen, 1.3725 against the euro and 0.9696 against the aussie around 8:32 am ET.

The material has been provided by InstaForex Company – www.instaforex.com