Investing.com - The U.S. dollar was higher against its Canadian counterpart on Tuesday, as trading volumes were expected to remain thin with no major U.S. economic reports to be released throughout the session.
USD/CAD hit 1.1377 during early U.S. trade, the session high; the pair subsequently consolidated at 1.1369, rising 0.36%.
The pair was likely to find support at 1.1288, the low of November 20 and resistance at 1.1445, the high of November 28.
The greenback remained mildly supported after the U.S. Institute for Supply Management said on Monday that its index of purchasing managers fell to 58.7 last month from a reading of 59.0 in October. Analysts had expected the manufacturing PMI to decline to 57.9 in November.
The Canadian dollar had gained some ground after data on Friday showed that the country's gross domestic product rose 0.4% in September, in line with expectations, after a 0.1% contraction the previous month.
Year-on-year, Canada's economy grew 2.8% in the third quarter, beating expectations for a 2.1% expansion, after an upwardly revised growth rate of 3.6% in the three months to June.
The loonie was steady against the euro, with EUR/CAD dipping 0.07% to 1.4116.
In the euro zone, official data earlier showed that the number of unemployed people in Spain declined by 14,700 in November, compared to expectations for an increase of 57,300, after a 79,200 rise in October.