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USD/CAD is trading at 1.3037, down 0.0084.
The pair is trading rangebound as European forex traders wrap up trading for the day.
Chatter about the Bank of Canada's monetary policy and money flows has kept both buyers and sellers active.
The Bank of Canada (BOC) is scheduled to announce if there is any change to policy at Wednesday at 10:00 a.m. ET.
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