USD/CAD Trading Lower, Focus on BOC

USD/CAD is trading at 1.2933, down 0.0054. The pair is trading very choppy and a little above the session lows. Market chatter about crude oil prices and weekend headline news has kept both buyers and sellers active. Market talk about the Bank of Canada (BOC) monetary policy is starting to show up. The BOC meets Wednesday and is scheduled to release a statement and interest rate decision at 10:00 a.m. ET. In other Forex Markets; EUR/USD is trading at 1.1156, up 0.0005. GBP/USD is trading at 1.3327, up 0.0038. USD/JPY is trading at 103.23, down 0.75. AUD/USD is trading at 0.7586, up 0.0036. USD/CNY is trading at 6.6765, down 0.0029.