In Asian trading, the US Dollar edged lower against the Canadian Dollar, trading below 1.4200 levels.
The USD/CAD currency pair weakened breaking a two day winning streak after the Loonie benefitted from Canada managing to avoid new US tariffs last week, although most of Canada’s trading partners will face the impact of those tariffs. In Canada, Ivey PMI for March (53.2 exp) will be released (15:00 GMT+1). In the US, Fed member Daly will speak (21:30 GMT+1).