In Asian trading, the US Dollar edged lower against the Canadian Dollar, trading below 1.3900 levels.
The USD/CAD currency pair fell slightly, but the greenback remains firm on renewed optimism over US China trade progress and rising hopes that the US administration may moderate some of its trade policies in the coming period. In Canada, GDP for February (0.0% exp) will be released (13:30 GMT+1). In the US, ADP Nonfarm Employment Change for April (123k exp) will be released (13:15 GMT+1), GDP for Q1 (0.4% exp) will be posted (13:30 GMT+1) and Core PCE Price Index for March (2.6% exp) will be posted (15:00 GMT+1).