Investing.com - The Australian Dollar was lower against the U.S. Dollar on Monday after the release of Australian data on Home Loans.
AUD/USD was trading at 1.0698, down 0.53% at time of writing.
The pair was likely to find support at 1.0656, Wednesday’s low, and resistance at 1.0788, Friday’s high.
Earlier in the day, official data showed that The number of new home loans granted in Australia rose less-than-expected to a seasonally adjusted 4.4% last month from 4.8% in the preceding month.
Analysts had expected Australian home loans to rise 4.5% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.18% to hit 1.3288 and AUD/JPY falling 0.46% to hit 86.33.
AUD/USD was trading at 1.0698, down 0.53% at time of writing.
The pair was likely to find support at 1.0656, Wednesday’s low, and resistance at 1.0788, Friday’s high.
Earlier in the day, official data showed that The number of new home loans granted in Australia rose less-than-expected to a seasonally adjusted 4.4% last month from 4.8% in the preceding month.
Analysts had expected Australian home loans to rise 4.5% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.18% to hit 1.3288 and AUD/JPY falling 0.46% to hit 86.33.