In European trading, the US Dollar fell back against the Canadian Dollar, trading below 1.4000 levels.
The USD/CAD currency pair has fallen in the European session as US President Trump has put a 90-day pause on tariff implementation for most countries, creating negative pressure for the dollar. In Canada, Building Permits data for February (-0.4% exp) will be released (13:30 GMT+1). In the US, CPI Inflation data for March (2.5% exp) and US Initial Jobless Claims (223k exp) will be posted (13:30 GMT+1).