USD/CAD Moves Down Ahead of Data

USD/CAD is trading at 1.2954, down 0.0049. The pair is trading lower on the session after showing some gains early in the day. Trading is moderately choppy. Chatter about crude oil prices has kept both buyers and sellers active. Statistics Canada is set to release building permits data at 8:30 a.m. ET and the Richard Ivey School of Business is scheduled to release the IVEY PMI (purchasing managers survey) at 10:00 a.m. ET. In other Forex Markets; EUR/USD is trading at 1.1099, up 0.0036. GBP/USD is trading at 1.2926, down 0.0032. USD/JPY is trading at 101.25, up 0.09. AUD/USD is trading at 0.7513, up 0.0071. USD/CNY is trading at 6.6900, up 0.0100.