In European trading, the US Dollar fell against the Canadian Dollar, trading below 1.3600 levels.
The USD/CAD currency pair lost ground as the new tax bill in the US is creating worries over the level of US debt, creating negative pressures on the US dollar. In Canada, there are no data releases due to Canada Day national holiday. In the US, Fed Chair Powell will speak (14.30 GMT+1), ISM Manufacturing PMI data for June (48.8 exp) and JOLTS Job Openings (7.450 mln exp) will be released (15:00 GMT+1).