In European trading, the US Dollar rose against the Canadian Dollar, trading above 1.4400 levels.
The USD/CAD currency pair has moved higher in the European Session as the US dollar gained in value ahead of the FED’s interest rate decision and as tariff fears pushed the Canadian dollar down. In Canada, there are no data releases today. In the US, the Fed interest rate decision (4.5% exp, unchanged) will be released (18:00 GMT) followed by the press conference (18:30 GMT).