Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Thursday after the release of U.S. data on Pending Home Sales.
USD/CAD was trading at 1.0394, up 0.57% at time of writing.
The pair was likely to find support at 1.0144, Tuesday’s low, and resistance at 1.0402, today’s high.
Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.
Analysts had expected Pending home sales to fall to -2.1% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.3558 and GBP/USD rising 0.09% to hit 1.5590.
USD/CAD was trading at 1.0394, up 0.57% at time of writing.
The pair was likely to find support at 1.0144, Tuesday’s low, and resistance at 1.0402, today’s high.
Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.
Analysts had expected Pending home sales to fall to -2.1% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.3558 and GBP/USD rising 0.09% to hit 1.5590.