Investing.com - The Australian dollar climbed higher against its U.S. counterpart on Thursday, after the release of positive private capital expenditure data from Australia.
AUD/USD hit 0.9140 during late Asian trade, the sessipion high; the pair subsequently consolidated at 0.9121, gaining 0.44%.
The pair was likely to find support at 0.8972, the low of September 3 and resistance at 0.9204, the high of November 26.
Official data earlier showed that private capital expenditure in Australia rose 3.6% in the third quarter, confounding expectations for a 1.2% decline, after a downwardly revised 1.6% increase in the three months to June.
A separate report showed that new home sales in Australia dropped 3.8% in October, after a 6.4% increase the previous month.
Trade volumes were thin with markets in the U.S. to remain closed for the Thanksgiving Day holiday on Thursday.
The Aussie was higher against the euro with EUR/AUD declining 0.46%, to hit 1.4883.
AUD/USD hit 0.9140 during late Asian trade, the sessipion high; the pair subsequently consolidated at 0.9121, gaining 0.44%.
The pair was likely to find support at 0.8972, the low of September 3 and resistance at 0.9204, the high of November 26.
Official data earlier showed that private capital expenditure in Australia rose 3.6% in the third quarter, confounding expectations for a 1.2% decline, after a downwardly revised 1.6% increase in the three months to June.
A separate report showed that new home sales in Australia dropped 3.8% in October, after a 6.4% increase the previous month.
Trade volumes were thin with markets in the U.S. to remain closed for the Thanksgiving Day holiday on Thursday.
The Aussie was higher against the euro with EUR/AUD declining 0.46%, to hit 1.4883.