In Asian trading, the US Dollar decreased against the Canadian Dollar, trading below 1.4300 levels.
The USD/CAD currency pair fell to a more than one month low in the Asian session as Canada managed to avoid any additional tariffs after President Trump’s announcements yesterday. In Canada, there are no major data releases today. In the US, Initial Jobless Claims data (225k exp) will be posted (13:30 GMT+1), S&P Global Service figures PMI for March (54.3 exp) will be posted (14:45 GMT+1) and ISM Non-Manufacturing PMI for March (53.9 last month) will be released (15:00 GMT+1).