Investing.com - The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of Australian data on GDP.
AUD/USD was trading at 1.0128, down 0.05% at time of writing.
The pair was likely to find support at 1.0091, Friday’s low, and resistance at 1.0202, Tuesday’s high.
Earlier in the day, official data showed that Australia’s gross domestic product rose more-than-expected to a seasonally adjusted 0.70% in the last quarter from 0.20% in the preceding quarter.
Analysts had expected Australia’s GDP to rise 0.60% in the last quarter.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.001% to hit 1.3596 and AUD/JPY falling 0.04% to hit 82.91.
AUD/USD was trading at 1.0128, down 0.05% at time of writing.
The pair was likely to find support at 1.0091, Friday’s low, and resistance at 1.0202, Tuesday’s high.
Earlier in the day, official data showed that Australia’s gross domestic product rose more-than-expected to a seasonally adjusted 0.70% in the last quarter from 0.20% in the preceding quarter.
Analysts had expected Australia’s GDP to rise 0.60% in the last quarter.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.001% to hit 1.3596 and AUD/JPY falling 0.04% to hit 82.91.