In Asian trading, the US Dollar was lower against the Canadian Dollar, trading below 1.4400 levels.
The USD/CAD currency pair declined following the White House decision to exempt automakers from newly imposed tariffs on Mexico and Canada for one month. In Canada, Trade Balance data for January (1.40 bln exp) will be posted (13:30 GMT). In the US, Initial Jobless Claims (234,000 exp) will be posted (13:30 GMT).