Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
USD/CAD was trading at 1.0305, down 0.35% at time of writing.
The pair was likely to find support at 1.0259, today’s low, and resistance at 1.0523, Friday’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose more-than-expected to a seasonally adjusted 56.0 last month from 40.9 in the preceding month whose figure was revised up from 39.8.
Analysts had expected CB consumer confidence to rise to 43.0 last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.04% to hit 1.3325 and GBP/USD rising 0.58% to hit 1.5604.
USD/CAD was trading at 1.0305, down 0.35% at time of writing.
The pair was likely to find support at 1.0259, today’s low, and resistance at 1.0523, Friday’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose more-than-expected to a seasonally adjusted 56.0 last month from 40.9 in the preceding month whose figure was revised up from 39.8.
Analysts had expected CB consumer confidence to rise to 43.0 last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.04% to hit 1.3325 and GBP/USD rising 0.58% to hit 1.5604.