Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.
USD/CAD was trading at 0.9747, up 0.65% at time of writing.
The pair was likely to find support at 0.9656, Tuesday’s low, and resistance at 0.9797, Friday’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to a seasonally adjusted 38K last month, from 177K in the preceding month whose figure was revised down from 179K.
Analysts had expected U.S. non-farm employment change to rise 178K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.17% to hit 1.4373 and GBP/USD falling 0.54% to hit 1.6360.
USD/CAD was trading at 0.9747, up 0.65% at time of writing.
The pair was likely to find support at 0.9656, Tuesday’s low, and resistance at 0.9797, Friday’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to a seasonally adjusted 38K last month, from 177K in the preceding month whose figure was revised down from 179K.
Analysts had expected U.S. non-farm employment change to rise 178K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.17% to hit 1.4373 and GBP/USD falling 0.54% to hit 1.6360.