USD/CAD little lower

USD/CAD is trading lower Tuesday morning. USD/CAD is trading at 1.2067, down 0.0027 and near the lows of the session. The pair has extended Monday's losses by a little bit and is trading somewhat weak. Some chatter about buyers near 1.2030 is making the rounds. Chatter about U.S. economic data and the Federal Reserve meeting this week is constant. Bank of Canada Governor Stephen Poloz is scheduled to speak 08:45 AM ET. On Wednesday April 29th the Canadian Raw Materials Price Index is due to be released at 08:30 AM ET.