Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Michigan Consumer Sentiment Index.
USD/CAD was trading at 1.0068, up 0.35% at time of writing.
The pair was likely to find support at 0.9977, Thursday’s low, and resistance at 1.0146, today’s high.
Earlier in the day, preliminary data showed that U.S. UoM consumer sentiment rose more-than-expected to a seasonally adjusted 69.30 last month from 67.70 in the preceding month.
Analysts had expected UoM consumer sentiment to rise to 69.00 last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.56% to hit 1.3744 and GBP/USD rising 0.17% to hit 1.6150.
USD/CAD was trading at 1.0068, up 0.35% at time of writing.
The pair was likely to find support at 0.9977, Thursday’s low, and resistance at 1.0146, today’s high.
Earlier in the day, preliminary data showed that U.S. UoM consumer sentiment rose more-than-expected to a seasonally adjusted 69.30 last month from 67.70 in the preceding month.
Analysts had expected UoM consumer sentiment to rise to 69.00 last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.56% to hit 1.3744 and GBP/USD rising 0.17% to hit 1.6150.