Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on Unemployment Rate.
USD/CAD was trading at 1.0129, down 0.10% at time of writing.
The pair was likely to find support at 1.0080, today’s low, and resistance at 1.0432, Monday’s high.
Earlier in the day, official data showed that The rate of unemployment in Canada rose unexpectedly to a seasonally adjusted 7.4% last month from 7.3% in the preceding month.
Analysts had expected Canadian unemployment rate to remain unchanged at 7.3% last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.23% to hit 1.3492 and GBP/USD falling 0.05% to hit 1.5682.
USD/CAD was trading at 1.0129, down 0.10% at time of writing.
The pair was likely to find support at 1.0080, today’s low, and resistance at 1.0432, Monday’s high.
Earlier in the day, official data showed that The rate of unemployment in Canada rose unexpectedly to a seasonally adjusted 7.4% last month from 7.3% in the preceding month.
Analysts had expected Canadian unemployment rate to remain unchanged at 7.3% last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.23% to hit 1.3492 and GBP/USD falling 0.05% to hit 1.5682.