USD/CAD Little Changed

USD/CAD is trading at 1.3189, down 0.0003. The pair is trading steady after reaching new 12-month and multi-year highs overnight.

Chatter about U.S. and Canadian monetary policy is making the rounds. Statistics Canada is scheduled to release June Balance of Trade data at 8:30 a.m. ET. On Friday, July Canadian Unemployment data is due out at 8:30 a.m. ET along with June Building permit data. The IVEY July PMI data is scheduled for release at 10:00 a.m. ET on Friday.