In European trading, the US Dollar increased against the Canadian Dollar, trading above 1.4400 levels.
The USD/CAD currency pair inched higher in the European trading session, rising for its sixth consecutive day at a three week high, amid concerns for President Trump’s potential trade war and weaker oil prices. In Canada, Annual Q4 GDP data (1.9% exp) will be released (13:30 GMT). In the US, YoY Core PCE Price Index data for January (2.6% exp) will be released (13:30 GMT).