In Asian trading, the US Dollar edged lower against the Canadian Dollar, trading below 1.42700 levels.
The USD/CAD currency pair traded downwards this morning, remaining close to yesterday’s lowest level so far this year, ahead of expected, fresh tariff announcements by the Trump administration today. In Canada, there are no major data releases today. In the US, PPI Inflation figures for January (0.3% expected) (13:30 GMT) and Initial Jobless Claims data (217k exp) will be posted (13:30 GMT).