USD/CAD Trading Higher, BOC Leaves Rate at 0.5 percent.

USD/CAD is trading at 1.2894, up 0.0030. The pair is trading modestly choppy and near the session highs. The Bank of Canada (BOC) made no change to monetary policy, leaving the deposit rate at 0.5 percent. The Richard Ivey School of Business seasonally adjusted August IVEY PMI (purchasing managers survey) fell to 52.3 from 57 in July. The non-seasonally adjusted reading rose to 53.8 from 49.4.