In European trading, the US Dollar increased against the Canadian Dollar, trading above 1.4340 levels.
The USD/CAD currency pair inched higher in the European trading session, as tariffs are still on track to be implemented on March 4th. In Canada, Q4 Current Account data (-3.2 bln exp) will be released (13:30 GMT). In the US, GDP Q4 data (2.3% exp) and Initial Jobless Claims figures (222k exp) will be released (13:30 GMT).