In European trading, the US Dollar fell back against the Canadian Dollar, trading below 1.3900 levels.
The USD/CAD currency pair is declining following this morning’s gains as the US President reined in his criticisms of FED Chair Jerome Powell, which strengthened the dollar in this morning's session. In Canada, New Housing Price Index for March (0.0 last month) will be released (13:30 GMT+1). In the US, Global Manufacturing PMI (49.0 exp) and Global Services PMI for April (52.8 exp) will be posted (14:45 GMT+1) and New Homes Sales data for March (682k exp) will be released (15:00 GMT+1).