USD/CAD Drifts higher

The USD/CAD has been under selling pressure most of the session. Last in the CAD /USD is 1.2459 down 0.0059. Trading is range-bound and the pair is drifting higher in range-bound trading. Some market participants are waiting to see comments coming out of Dallas Fed's Fisher who will give a speech at 1:30 PM ET. Market chatter about Greece is still making the rounds. The better December data out of Canada is leading to some to question policy ahead by the BOC.