The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on GDP.
USD/CAD was trading at 1.0175, down 0.36% at time of writing.
The pair was likely to find support at 1.0155, Monday’s low, and resistance at 1.0339, Wednesday’s high.
Earlier in the day, official data showed that Canadian gross domestic product rose in line with expectations to a seasonally adjusted 0.30% last month from -0.10% in the preceding month.
Analysts had expected GDP to rise 0.30% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.10% to hit 1.3916 and GBP/USD rising 0.45% to hit 1.6018.
USD/CAD was trading at 1.0175, down 0.36% at time of writing.
The pair was likely to find support at 1.0155, Monday’s low, and resistance at 1.0339, Wednesday’s high.
Earlier in the day, official data showed that Canadian gross domestic product rose in line with expectations to a seasonally adjusted 0.30% last month from -0.10% in the preceding month.
Analysts had expected GDP to rise 0.30% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.10% to hit 1.3916 and GBP/USD rising 0.45% to hit 1.6018.