Investing.com - The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of Australian data on Unemployment Rate.
AUD/USD was trading at 1.0043, down 0.10% at time of writing.
The pair was likely to find support at 0.9976, Wednesday’s low, and resistance at 1.0174, Tuesday’s high.
Earlier in the day, official data showed that Australia’s unemployment rate rose unexpectedly to a seasonally adjusted 5.40% last month from 5.10% in the preceding month.
Analysts had expected Australian unemployment rate to fall to 5.00% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.15% to hit 1.3732 and AUD/JPY falling 0.06% to hit 82.63.
AUD/USD was trading at 1.0043, down 0.10% at time of writing.
The pair was likely to find support at 0.9976, Wednesday’s low, and resistance at 1.0174, Tuesday’s high.
Earlier in the day, official data showed that Australia’s unemployment rate rose unexpectedly to a seasonally adjusted 5.40% last month from 5.10% in the preceding month.
Analysts had expected Australian unemployment rate to fall to 5.00% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.15% to hit 1.3732 and AUD/JPY falling 0.06% to hit 82.63.