USD/CAD Higher

USD/CAD is trading at 1.2428, up 0.0112. The pair is trading rangebound and choppy just under the highs of the U.S. forex trading session. Market chatter about the Bank of Canada Monetary policy rate decision on Wednesday and the Canadian Central Bank's statement afterward continues non-stop. Market talk about more U.S. data and Canadian GDP data later in the week is just beginning and has kept both buyers and sellers active.