Investing.com - The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Trade Balance.
AUD/USD was trading at 1.0274, up 0.94% at time of writing.
The pair was likely to find support at 0.9928, Tuesday’s low, and resistance at 1.0443, Monday’s high.
Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -53.1B last month from -50.8B in the preceding month whose figure was revised down from -50.2B.
Analysts had expected U.S. trade balance to fall -48.0B last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.60% to hit 1.3846 and AUD/JPY rising 0.99% to hit 79.00.
AUD/USD was trading at 1.0274, up 0.94% at time of writing.
The pair was likely to find support at 0.9928, Tuesday’s low, and resistance at 1.0443, Monday’s high.
Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -53.1B last month from -50.8B in the preceding month whose figure was revised down from -50.2B.
Analysts had expected U.S. trade balance to fall -48.0B last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.60% to hit 1.3846 and AUD/JPY rising 0.99% to hit 79.00.