USD/CAD Moves Down

USD/CAD has lost gains made earlier in the session and has moved down a little on the day. USD/CAD is trading at 1.2753, down 0.0015, just off the lows of the session. Market chatter about Wednesday's FOMC meeting continues to provide both buyers and sellers of USD/CAD an active trading environment. Market talk about crude oil prices and the effects on Canada's economy has also been on the table Monday.