Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Monday after the release of U.S. data on Chicago PMI.
USD/CAD was trading at 0.9949, up 0.31% at time of writing.
The pair was likely to find support at 0.9892, Thursday’s low, and resistance at 1.0177, Wednesday’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI fell more-than-expected to a seasonally adjusted 58.4 last month from 60.4 in the preceding month.
Analysts had expected the Chicago PMI to fall to 59.0 last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.65% to hit 1.3915 and GBP/USD falling 0.07% to hit 1.6116.
USD/CAD was trading at 0.9949, up 0.31% at time of writing.
The pair was likely to find support at 0.9892, Thursday’s low, and resistance at 1.0177, Wednesday’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI fell more-than-expected to a seasonally adjusted 58.4 last month from 60.4 in the preceding month.
Analysts had expected the Chicago PMI to fall to 59.0 last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.65% to hit 1.3915 and GBP/USD falling 0.07% to hit 1.6116.