The USD/CAD pair holds steady near 1.3955 during the early Asian session on Wednesday. The upside for the Canadian Dollar (CAD) might be limited amid the dovish expectations from the Bank of Canada (BoC).
Euro (EUR) bulls paused overnight, ahead of ZEW survey, industrial production data today, current account (Wednesday) and ECB meeting (Thursday). Pair was last at 1.1357 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.2096 as compared to the previous day's fix of 7.2110 and 7.3094 Reuters estimate.