Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of U.S. data on ADP Nonfarm Employment Change.
USD/CAD was trading at 0.9586, down 0.70% at time of writing.
The pair was likely to find support at 0.9570, today’s low, and resistance at 0.9695, Wednesday’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 157K last month, from 36K in the preceding month whose figure was revised down from 38K.
Analysts had expected U.S. non-farm employment change to rise 60K last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.21% to hit 1.4349 and GBP/USD falling 0.25% to hit 1.5963.
USD/CAD was trading at 0.9586, down 0.70% at time of writing.
The pair was likely to find support at 0.9570, today’s low, and resistance at 0.9695, Wednesday’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 157K last month, from 36K in the preceding month whose figure was revised down from 38K.
Analysts had expected U.S. non-farm employment change to rise 60K last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.21% to hit 1.4349 and GBP/USD falling 0.25% to hit 1.5963.