The U.S. Dollar was lower against the Canadian Dollar on Monday after the release of U.S. data on Existing Home Sales.
USD/CAD was trading at 1.0182, down 0.81% at time of writing.
The pair was likely to find support at 1.0155, today’s low, and resistance at 1.0347, Wednesday’s high.
Earlier in the day, industry data showed that existing home sales rose more-than-expected to a seasonally adjusted annual rate of 4.53M last month from 4.12M in the preceding month whose figure was revised down from 4.13M.
Analysts had expected existing home sales to rise to 4.25M last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.22% to hit 1.3986 and GBP/USD rising 0.41% to hit 1.5749.
USD/CAD was trading at 1.0182, down 0.81% at time of writing.
The pair was likely to find support at 1.0155, today’s low, and resistance at 1.0347, Wednesday’s high.
Earlier in the day, industry data showed that existing home sales rose more-than-expected to a seasonally adjusted annual rate of 4.53M last month from 4.12M in the preceding month whose figure was revised down from 4.13M.
Analysts had expected existing home sales to rise to 4.25M last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.22% to hit 1.3986 and GBP/USD rising 0.41% to hit 1.5749.