The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on Retail Sales.
USD/CAD was trading at 1.0241, down 0.26% at time of writing.
The pair was likely to find support at 1.0135, Monday’s low, and resistance at 1.0373, Tuesday’s high.
Earlier in the day, official data showed that Canadian retail sales rose unexpectedly to a seasonally adjusted 0.50% last month, from 0.10% in the preceding month whose figure was revised up from -0.10%.
Analysts had expected retail sales to fall -0.10% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.24% to hit 1.3953 and GBP/USD rising 0.02% to hit 1.5709.
USD/CAD was trading at 1.0241, down 0.26% at time of writing.
The pair was likely to find support at 1.0135, Monday’s low, and resistance at 1.0373, Tuesday’s high.
Earlier in the day, official data showed that Canadian retail sales rose unexpectedly to a seasonally adjusted 0.50% last month, from 0.10% in the preceding month whose figure was revised up from -0.10%.
Analysts had expected retail sales to fall -0.10% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.24% to hit 1.3953 and GBP/USD rising 0.02% to hit 1.5709.