Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of U.S. data on Federal Budget Balance.
USD/CAD was trading at 0.9873, down 0.54% at time of writing.
The pair was likely to find support at 0.9830, Thursday’s low, and resistance at 1.0027, Monday’s high.
Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month.
Analysts had expected U.S. federal budget balance to rise to -126.5B last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.10% to hit 1.3693 and GBP/USD falling 0.46% to hit 1.5790.
USD/CAD was trading at 0.9873, down 0.54% at time of writing.
The pair was likely to find support at 0.9830, Thursday’s low, and resistance at 1.0027, Monday’s high.
Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month.
Analysts had expected U.S. federal budget balance to rise to -126.5B last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.10% to hit 1.3693 and GBP/USD falling 0.46% to hit 1.5790.