Investing.com - The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Unemployment Rate.
USD/CAD was trading at 0.9774, up 0.17% at time of writing.
The pair was likely to find support at 0.9656, Tuesday’s low, and resistance at 0.9852, today’s high.
Earlier in the day, official data showed that the U.S. unemployment rate rose unexpectedly to a seasonally adjusted 9.1% last month, from 9.0% in the preceding month.
Analysts had expected the U.S. unemployment rate to remain unchanged at 9.0% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.90% to hit 1.4621 and GBP/USD rising 0.27% to hit 1.6416.
USD/CAD was trading at 0.9774, up 0.17% at time of writing.
The pair was likely to find support at 0.9656, Tuesday’s low, and resistance at 0.9852, today’s high.
Earlier in the day, official data showed that the U.S. unemployment rate rose unexpectedly to a seasonally adjusted 9.1% last month, from 9.0% in the preceding month.
Analysts had expected the U.S. unemployment rate to remain unchanged at 9.0% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.90% to hit 1.4621 and GBP/USD rising 0.27% to hit 1.6416.