Investing.com - The Australian Dollar was lower against the U.S. Dollar on Monday after the release of U.S. data on NY Empire State Manufacturing Index.
AUD/USD was trading at 1.0203, down 1.33% at time of writing.
The pair was likely to find support at 0.9866, Wednesday’s low, and resistance at 1.0372, today’s high.
Earlier in the day, official data showed that Manufacturing activity in the State of New York fell more-than-expected to a seasonally adjusted -8.5 last month from -8.8 in the preceding month.
Analysts had expected Empire State manufacturing activity to fall -4.0 last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.44% to hit 1.3485 and AUD/JPY falling 1.81% to hit 78.40.
AUD/USD was trading at 1.0203, down 1.33% at time of writing.
The pair was likely to find support at 0.9866, Wednesday’s low, and resistance at 1.0372, today’s high.
Earlier in the day, official data showed that Manufacturing activity in the State of New York fell more-than-expected to a seasonally adjusted -8.5 last month from -8.8 in the preceding month.
Analysts had expected Empire State manufacturing activity to fall -4.0 last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.44% to hit 1.3485 and AUD/JPY falling 1.81% to hit 78.40.