In Asian trading, the US Dollar rose against the Canadian Dollar, trading above 1.4300 levels.
The USD/CAD currency pair climbed after yesterday’s Bank of Canada interest rate cut of 25 basis points amid continued tariff uncertainty for the country, amid renewed statements from President Trump calling upon Canada to become part of the United States. In Canada, Building Permits data for January (5.3% exp) will be posted (12:30 GMT). In the US, Initial Jobless Claims (226k exp) and Year on Year PPI Inflation data for February (3.3% exp) will be released (12:30 GMT).