Forex - USD/CAD down in U.S. trade

Forex Pros – pros - The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of U.S. data on ISM Manufacturing Index.

USD/CAD was trading at 0.9590, down 0.45% at time of writing.

The pair was likely to find support at 0.9587, today’s low, and resistance at 0.9913, Monday’s high.

Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 55.3 last month from 53.5 in the preceding month.

Analysts had expected the ISM manufacturing PMI to fall to 51.5 last month.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.09% to hit 1.4515 and GBP/USD rising 0.10% to hit 1.6069.

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