In Asian trading, the US Dollar edged higher against the Canadian Dollar, trading above 1.4000 levels.
The USD/CAD currency pair was slightly higher during the Asian session, attempting to recover after three straight days of losses, but the pair remains under pressure following the pullback in oil prices, undermining the commodity linked Loonie. In Canada, Unemployment Rate figures for March (6.7% est) will be released (13:30 GMT+1). In the US, Nonfarm Payrolls and Unemployment data (137k and 4.1% respectively exp) will be posted (13:30 GMT+1), and Fed Chair Powell will speak (16:25 GMT+1).