Investing.com - The U.S. Dollar was lower against the Canadian Dollar on Monday after the release of U.S. data on Personal Spending.
USD/CAD was trading at 0.9870, down 0.15% at time of writing.
The pair was likely to find support at 0.9702, Wednesday’s low, and resistance at 0.9913, today’s high.
Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.3% in the preceding month whose figure was revised down from 0.4%.
Analysts had expected personal spending to rise 0.1% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.54% to hit 1.4265 and GBP/USD rising 0.11% to hit 1.5976.
USD/CAD was trading at 0.9870, down 0.15% at time of writing.
The pair was likely to find support at 0.9702, Wednesday’s low, and resistance at 0.9913, today’s high.
Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.3% in the preceding month whose figure was revised down from 0.4%.
Analysts had expected personal spending to rise 0.1% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.54% to hit 1.4265 and GBP/USD rising 0.11% to hit 1.5976.