USD/CAD Little Higher, IVEY PMI Improves

USD/CAD is trading at 1.3239, up 0.0017. The pair is trading very choppy and on both sides of unchanged. The Richard Ivey School of Business seasonally adjusted September IVEY PMI (purchasing managers survey) rose to 58.3 from 52. 3 in August. The non-seasonally adjusted reading rose to 68.1 from 53.8. The Bank of Canada's Business Outlook Survey is due out at 10:30 a.m. ET. The BOC meets on Wednesday October 19th and will announce if there is any change in monetary policy.