USD/CAD Trading Lower

USD/CAD is trading at 1.2892, down 0.0037.

The pair is trading a little above the session lows. Market chatter about crude oil prices and U.S. economic data due out later today is making the rounds.

Market talk about Bank of Canada (BOC) monetary policy is constant. The BOC meets Wednesday and is scheduled to release a statement and interest rate decision at 10:00 a.m. ET.