Investing.com - The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Retail Sales.
AUD/USD was trading at 1.0262, down 0.48% at time of writing.
The pair was likely to find support at 1.0178, today’s low, and resistance at 1.0635, Friday’s high.
Earlier in the day, official data showed that U.S. core retail sales rose less-than-expected to a seasonally adjusted 0.1% last month from 0.3% in the preceding month whose figure was revised down from 0.5%.
Analysts had expected U.S. core retail sales to rise 0.2% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 1.07% to hit 1.3408 and AUD/JPY falling 0.91% to hit 78.62.
AUD/USD was trading at 1.0262, down 0.48% at time of writing.
The pair was likely to find support at 1.0178, today’s low, and resistance at 1.0635, Friday’s high.
Earlier in the day, official data showed that U.S. core retail sales rose less-than-expected to a seasonally adjusted 0.1% last month from 0.3% in the preceding month whose figure was revised down from 0.5%.
Analysts had expected U.S. core retail sales to rise 0.2% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 1.07% to hit 1.3408 and AUD/JPY falling 0.91% to hit 78.62.