Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Wednesday after the release of U.S. data on Core Retail Sales.
USD/CAD was trading at 0.9895, up 0.39% at time of writing.
The pair was likely to find support at 0.9847, today’s low, and resistance at 1.0027, Monday’s high.
Earlier in the day, official data showed that U.S. core retail sales rose less-than-expected to a seasonally adjusted 0.1% last month from 0.3% in the preceding month whose figure was revised down from 0.5%.
Analysts had expected U.S. core retail sales to rise 0.2% last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.56% to hit 1.3754 and GBP/USD falling 0.03% to hit 1.5775.
USD/CAD was trading at 0.9895, up 0.39% at time of writing.
The pair was likely to find support at 0.9847, today’s low, and resistance at 1.0027, Monday’s high.
Earlier in the day, official data showed that U.S. core retail sales rose less-than-expected to a seasonally adjusted 0.1% last month from 0.3% in the preceding month whose figure was revised down from 0.5%.
Analysts had expected U.S. core retail sales to rise 0.2% last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.56% to hit 1.3754 and GBP/USD falling 0.03% to hit 1.5775.