In European trading, the US Dollar increased against the Canadian Dollar, trading above 1.4400 levels.
The currency pair climbed and it is currently maintaining its price level, after recording what appears likely to be its fourth successive session of gains ahead of important employment data from the US and Canada this afternoon. In Canada Unemployment Rate for December (6.9% exp) will be released (13:30 GMT). In the US, Nonfarm Payrolls (164K expected) and Unemployment Rate (4.2% exp) will be released (13:30 GMT).