Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.
USD/CAD was trading at 1.0195, up 1.27% at time of writing.
The pair was likely to find support at 0.9924, Monday’s low, and resistance at 1.0229, today’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from 103K.
Analysts had expected U.S. non-farm payrolls to rise 95K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.59% to hit 1.3742 and GBP/USD falling 0.43% to hit 1.5971.