USD/CAD drifts up

The Canadian December Industrial Production Price Index came in at -1.6% on the month. The U.S Dollar is trading weak against it's Canadian neighbor Tuesday, but is off the lows set earlier Tuesday at 125.30. The USD/CAD pair is trading at 1.2560 down 0.020. Trading is active and chatter that higher Energy prices have been pressuring the pair is making the rounds.