Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on Trade Balance.
USD/CAD was trading at 1.0094, down 0.11% at time of writing.
The pair was likely to find support at 1.0012, Tuesday’s low, and resistance at 1.0141, Wednesday’s high.
Earlier in the day, official data showed that Canada’s trade balance fell less-than-expected to a seasonally adjusted -1.70B last month from -2.30B in the preceding month whose figure was revised up from -2.50B.
Analysts had expected Canadian trade balance to fall -2.00B last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.13% to hit 1.3221 and GBP/USD rising 0.16% to hit 1.5795.
USD/CAD was trading at 1.0094, down 0.11% at time of writing.
The pair was likely to find support at 1.0012, Tuesday’s low, and resistance at 1.0141, Wednesday’s high.
Earlier in the day, official data showed that Canada’s trade balance fell less-than-expected to a seasonally adjusted -1.70B last month from -2.30B in the preceding month whose figure was revised up from -2.50B.
Analysts had expected Canadian trade balance to fall -2.00B last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.13% to hit 1.3221 and GBP/USD rising 0.16% to hit 1.5795.