In European trading, the US Dollar increased against the Canadian Dollar, trading above 1.4300 levels.
The USD/CAD currency pair rose in the European trading session, following concerns over an escalating trade war between the US and Canada. In Canada, Bank of Canada Summary of Deliberations will be released (18:30 GMT). In the US, CPI Inflation figures for January (2.9% expected) will be posted (13:30 GMT) and Fed Chair Powell will continue to give testimony to Congress (15:00 GMT).