In Asian trading, the US Dollar declined against the Canadian Dollar, trading below 1.4240 levels.
The USD/CAD has been gaining ground for the last couple of days following a strong interest rate cut by the Bank of Canada of 50bps, before starting to decline again in this morning’s Asian session. In Canada, Wholesale Sales data will be published (13:30 GMT). In the US, Export and Import price indices data will be released (13:30 GMT).