USD/CAD Little Changed Ahead of BOC

USD/CAD is trading at 1.2856, up 0.0007. The pair is trading rangebound. Market chatter about Bank of Canada's monetary policy is making the rounds. The Bank of Canada (BOC) is scheduled to announce if there is any change to monetary policy at 10:00 a.m. ET. The Richard Ivey School of Business IVEY PMI (purchasing managers survey) is due out at 10:00 a.m. ET.