Investing.com - The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Federal Budget Balance.
AUD/USD was trading at 1.0562, down 0.60% at time of writing.
The pair was likely to find support at 1.0527, today’s low, and resistance at 1.0768, Monday’s high.
Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a seasonally adjusted -57.6B last month from -40.4B in the preceding month whose figure was revised up from -40.5B.
Analysts had expected U.S. federal budget balance to fall to -125.0B last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.53% to hit 1.3582 and AUD/JPY falling 0.67% to hit 84.83.
AUD/USD was trading at 1.0562, down 0.60% at time of writing.
The pair was likely to find support at 1.0527, today’s low, and resistance at 1.0768, Monday’s high.
Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a seasonally adjusted -57.6B last month from -40.4B in the preceding month whose figure was revised up from -40.5B.
Analysts had expected U.S. federal budget balance to fall to -125.0B last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.53% to hit 1.3582 and AUD/JPY falling 0.67% to hit 84.83.