Investing.com - The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
AUD/USD was trading at 0.9992, down 0.89% at time of writing.
The pair was likely to find support at 0.9974, today’s low, and resistance at 1.0342, Monday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 388K last week from 393K in the preceding week whose figure was revised up from 390K.
Analysts had expected Initial Jobless Claims to rise to 395K last week.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.92% to hit 1.3478 and AUD/JPY falling 0.96% to hit 76.94.
AUD/USD was trading at 0.9992, down 0.89% at time of writing.
The pair was likely to find support at 0.9974, today’s low, and resistance at 1.0342, Monday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 388K last week from 393K in the preceding week whose figure was revised up from 390K.
Analysts had expected Initial Jobless Claims to rise to 395K last week.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.92% to hit 1.3478 and AUD/JPY falling 0.96% to hit 76.94.