Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Core Durable Goods Orders.
USD/CAD was trading at 0.9881, up 0.93% at time of writing.
The pair was likely to find support at 0.9702, Wednesday’s low, and resistance at 0.9884, today’s high.
Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a seasonally adjusted 0.6% last month from -0.4% in the preceding month whose figure was revised up from -1.5%.
Analysts had expected Core durable goods orders to rise 1.0% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.64% to hit 1.4165 and GBP/USD falling 0.23% to hit 1.5969.
USD/CAD was trading at 0.9881, up 0.93% at time of writing.
The pair was likely to find support at 0.9702, Wednesday’s low, and resistance at 0.9884, today’s high.
Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a seasonally adjusted 0.6% last month from -0.4% in the preceding month whose figure was revised up from -1.5%.
Analysts had expected Core durable goods orders to rise 1.0% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.64% to hit 1.4165 and GBP/USD falling 0.23% to hit 1.5969.