USD/CAD higher

USD/CAD is higher Monday morning. USD/CAD is trading at 1.2640, up 0.0093. Market talk about lousy Chinese trade figures and U.S monetary policy has kept trading active overnight. Market chatter is making the rounds about the Bank of Canada's Monetary policy meeting and Canadian data due on April 15th. Canadian Manufacturing Shipments are due at 08:30 AM ET, after that at 10:00 AM ET the Bank of Canada will make a statement. Trading is firm and at the highs of the session.