USD/CAD Trading Higher Ahead of Data

USD/CAD is trading at 1.3083, up 0.0042. The pair is trading choppy and a little under the session highs. Market talk about money flows and Canada's economy is making the rounds. Canada's Mortgage and Housing Corporation (CMHC) is scheduled to release housing starts at 8:15 a.m. ET. Market chatter about the Bank of Canada's (BOC) monetary policy is constant. The BOC meets on Wednesday and will announce if there is any change to monetary policy.