In European trading, the US Dollar rose against the Canadian Dollar, trading above 1.4290 levels.
The USD/CAD currency pair has risen as newly announced car tariffs created positive pressure for the US dollar. In Canada, Wholesale Sales data for February (1.2% last month) will be posted (12:30 GMT). In Canada, Average Weekly Earnings (5.81% last month) will be posted (12:30 GMT). In the US, Initial Jobless Claims data (225 exp) and US Q4 GDP data (2.3% exp) will be released (12:30 GMT).