Investing.com – Australia’s dollar was down against its U.S. counterpart on Thursday, falling to hit a 2-day low, ahead of key U.S. data on weekly unemployment claims.
AUD/USD hit 0.9331 during European afternoon trade, the pair’s lowest since September 14; the pair subsequently consolidated at 0.9366, shedding 0.16%.
The pair was likely to find support at 0.9204, the low of September 10, and resistance at 0.9456, the high of September 14.
Earlier in the day, data showed that Australian consumer inflation expectations increased for the first time in 5 months, rising to 3.1% in September, after falling to 2.8% in August.
The Aussie was also down against the euro, with EUR/AUD gaining 0.65% to hit 1.3961.
Later in the day, the U.S. was to release key data on initial jobless claims and producer price inflation.
AUD/USD hit 0.9331 during European afternoon trade, the pair’s lowest since September 14; the pair subsequently consolidated at 0.9366, shedding 0.16%.
The pair was likely to find support at 0.9204, the low of September 10, and resistance at 0.9456, the high of September 14.
Earlier in the day, data showed that Australian consumer inflation expectations increased for the first time in 5 months, rising to 3.1% in September, after falling to 2.8% in August.
The Aussie was also down against the euro, with EUR/AUD gaining 0.65% to hit 1.3961.
Later in the day, the U.S. was to release key data on initial jobless claims and producer price inflation.