USD/CAD Moves Down Ahead of Data

USD/CAD is trading at 1.3058, down 0.0108. The pair is trading just above the session lows during early forex trading in the U.S. Market chatter about recent comments from global policy makers and money flows is making the rounds. Statistics Canada is set to release Canada's New Housing Price Index at 8:30 a.m. ET. The Bank of Canada (BOC) is scheduled to announced if there is any change to monetary policy on Wednesday January 18th.