Investing.com - The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Retail Sales.
AUD/USD was trading at 0.9898, down 0.79% at time of writing.
The pair was likely to find support at 0.9804, Tuesday’s low, and resistance at 1.0019, Thursday’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month.
Analysts had expected retail sales to rise 0.70% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.65% to hit 1.3482 and AUD/JPY falling 0.54% to hit 82.18.
AUD/USD was trading at 0.9898, down 0.79% at time of writing.
The pair was likely to find support at 0.9804, Tuesday’s low, and resistance at 1.0019, Thursday’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month.
Analysts had expected retail sales to rise 0.70% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.65% to hit 1.3482 and AUD/JPY falling 0.54% to hit 82.18.