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USD/CAD is trading at 1.3045, down 0.0130.
The pair is trading at the session lows. Market chatter about headline news and Bank of Canada (BOC) monetary policy is making the rounds.
Statistics Canada is scheduled to release new motor vehicle sales data at 8:30 a.m. ET.
The Bank of Canada (BOC) interest rate announcement and monetary report is due out Wednesday at 10:00 a.m. ET.
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