Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Tuesday after the release of U.S. data on Personal Spending.
USD/CAD was trading at 0.9589, up 0.19% at time of writing.
The pair was likely to find support at 0.9459, Thursday’s low, and resistance at 0.9619, today’s high.
Earlier in the day, official data showed that U.S. personal spending fell unexpectedly to a seasonally adjusted -0.2% last month from 0.1% in the preceding month whose figure was revised up from 0.0%.
Analysts had expected personal spending to rise 0.2% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.33% to hit 1.4203 and GBP/USD rising 0.01% to hit 1.6297.
USD/CAD was trading at 0.9589, up 0.19% at time of writing.
The pair was likely to find support at 0.9459, Thursday’s low, and resistance at 0.9619, today’s high.
Earlier in the day, official data showed that U.S. personal spending fell unexpectedly to a seasonally adjusted -0.2% last month from 0.1% in the preceding month whose figure was revised up from 0.0%.
Analysts had expected personal spending to rise 0.2% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.33% to hit 1.4203 and GBP/USD rising 0.01% to hit 1.6297.