Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.
USD/CAD was trading at 0.9765, down 0.03% at time of writing.
The pair was likely to find support at 0.9642, Friday’s low, and resistance at 0.9816, today’s high.
Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally adjusted -1.5% last month from 2.5% in the preceding month whose figure was revised up from 1.3%.
Analysts had expected Core durable goods orders to rise 0.6% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.08% to hit 1.4088 and GBP/USD rising 0.63% to hit 1.6283.
USD/CAD was trading at 0.9765, down 0.03% at time of writing.
The pair was likely to find support at 0.9642, Friday’s low, and resistance at 0.9816, today’s high.
Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally adjusted -1.5% last month from 2.5% in the preceding month whose figure was revised up from 1.3%.
Analysts had expected Core durable goods orders to rise 0.6% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.08% to hit 1.4088 and GBP/USD rising 0.63% to hit 1.6283.