USD/CAD Little Lower Ahead of Data

USD/CAD is trading at 1.3158, down 0.0026. The pair is trading rangebound Monday afternoon. Market talk about volatile crude oil prices and recent comments from policy makers has kept buyers and sellers active in a fairly narrow trading range. Market chatter about Canadian economic data due out Tuesday is just starting to show up. Canada's Mortgage and Housing Corporation (CMHC) is scheduled to report Canadian housing starts at 8:15 a.m. ET.