In Asian trading, the US Dollar inched higher against the Canadian Dollar, trading above 1.3700 levels.
The USD/CAD crept higher in the Asian session with the commodity linked Loonie remaining pressured by lower oil prices. In Canada, Wholesale Sales data for May (-2.3% last month) will be released (13:30 GMT+1). In the US, Q1 QoQ GDP data (-0.2% exp) and Initial Jobless Claims (244k exp) will be released (13:30 GMT+1).