By eFXdata reports that analysts at Citi discuss their expectations for tomorrow's BoC April policy meeting.

"While we continue to hold the view that Bank will taper its QE program at its April meeting, risks for a dovish taper have risen as we anticipated. We believe, in addition to the BoC’s decision to taper it QE program, there will be an increased focus on the Bank’s rate guidance which is directly linked to their inflation guidance." 

"Combined with the heavily long CAD positioning and Canadian optimism largely priced into the currency, we like owning tactical USDCAD topside over the event."