Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.
USD/CAD was trading at 0.9883, down 0.29% at time of writing.
The pair was likely to find support at 0.9832, today’s low, and resistance at 1.0058, Monday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 36.00K last month, from 121.00K in the preceding month whose figure was revised up from 103.00K.
Analysts had expected U.S. non-farm payrolls to rise 150.00K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.41% to hit 1.3578 and GBP/USD falling 0.27% to hit 1.6093.
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