Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
USD/CAD was trading at 1.0137, up 1.01% at time of writing.
The pair was likely to find support at 0.9991, today’s low, and resistance at 1.0247, Thursday’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. fell unexpectedly to a seasonally adjusted 39.8 last month from 46.4 in the preceding month whose figure was revised up from 45.4.
Analysts had expected CB consumer confidence to rise to 46.0 last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.04% to hit 1.3925 and GBP/USD rising 0.12% to hit 1.6016.
USD/CAD was trading at 1.0137, up 1.01% at time of writing.
The pair was likely to find support at 0.9991, today’s low, and resistance at 1.0247, Thursday’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. fell unexpectedly to a seasonally adjusted 39.8 last month from 46.4 in the preceding month whose figure was revised up from 45.4.
Analysts had expected CB consumer confidence to rise to 46.0 last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.04% to hit 1.3925 and GBP/USD rising 0.12% to hit 1.6016.