In Asian trading, the US Dollar rose against the Canadian Dollar, trading just above 1.3700 levels.
The USD/CAD increased following the weekend’s news that President Trump intensified the trade war with tariffs placed upon EU and Mexican goods, encouraging risk off sentiment early in today’s session. In Canada, Wholesale Sales figures for May (-0.4% exp) will be posted (13:30 GMT+1). In the US, there are no data releases today.