Investing.com - The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
AUD/USD was trading at 1.0652, up 0.18% at time of writing.
The pair was likely to find support at 1.0506, Tuesday’s low, and resistance at 1.0681, today’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 409K last week from 438K in the preceding week whose figure was revised up from 434K.
Analysts had expected Initial Jobless Claims to fall to 420K last week.
Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.27% to hit 1.3440 and AUD/JPY rising 0.08% to hit 86.89.
AUD/USD was trading at 1.0652, up 0.18% at time of writing.
The pair was likely to find support at 1.0506, Tuesday’s low, and resistance at 1.0681, today’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 409K last week from 438K in the preceding week whose figure was revised up from 434K.
Analysts had expected Initial Jobless Claims to fall to 420K last week.
Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.27% to hit 1.3440 and AUD/JPY rising 0.08% to hit 86.89.