Investing.com - The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Initial Jobless Claims.
AUD/USD was trading at 0.9691, down 1.47% at time of writing.
The pair was likely to find support at 0.9664, today’s low, and resistance at 1.0107, Friday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 393K last week from 391K in the preceding week whose figure was revised up from 388K.
Analysts had expected Initial Jobless Claims to rise to 390K last week.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.12% to hit 1.3747 and AUD/JPY falling 0.93% to hit 75.01.
AUD/USD was trading at 0.9691, down 1.47% at time of writing.
The pair was likely to find support at 0.9664, today’s low, and resistance at 1.0107, Friday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 393K last week from 391K in the preceding week whose figure was revised up from 388K.
Analysts had expected Initial Jobless Claims to rise to 390K last week.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.12% to hit 1.3747 and AUD/JPY falling 0.93% to hit 75.01.