Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on Wholesale Sales.
USD/CAD was trading at 0.9794, down 0.19% at time of writing.
The pair was likely to find support at 0.9672, Wednesday’s low, and resistance at 0.9898, Thursday’s high.
Earlier in the day, official data showed that Canadian wholesale sales fell less-than-expected to a seasonally adjusted -0.1% last month from 0.3% in the preceding month whose figure was revised up from 0.1%.
Analysts had expected Canadian wholesale sales to fall -0.3% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.47% to hit 1.4270 and GBP/USD rising 0.07% to hit 1.6167.
USD/CAD was trading at 0.9794, down 0.19% at time of writing.
The pair was likely to find support at 0.9672, Wednesday’s low, and resistance at 0.9898, Thursday’s high.
Earlier in the day, official data showed that Canadian wholesale sales fell less-than-expected to a seasonally adjusted -0.1% last month from 0.3% in the preceding month whose figure was revised up from 0.1%.
Analysts had expected Canadian wholesale sales to fall -0.3% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.47% to hit 1.4270 and GBP/USD rising 0.07% to hit 1.6167.