Investing.com - The Australian dollar was steady against its U.S. counterpart on Thursday, hovering near four-month highs as comments by Reserve Bank of Australia Governor Glenn Stevens on Wednesday still supported, while investors eyed U.S. data to be released later in the day.
AUD/USD hit 0.9244 during late Asian trade, the session high; the pair subsequently consolidated at 0.9232, easing up 0.07%.
The pair was likely to find support at 0.9154, Wednesday's low and resistance at 0.9334, the high of November 21.
The Australian dollar strengthened after RBA Governor Stevens said the nation’s economy may strengthen later this year. Stevens added that this was helped by "the lower exchange rate since last April and the improved economic conditions overseas."
Meanwhile, the greenback also remained supported after upbeat U.S. durable goods orders figures on Wednesday indicated that economy is gaining momentum in the wake of a weather induced slowdown.
The Aussie was lower against the New Zealand dollar, with AUD/NZD retreating 0.84% to 1.0649.
The kiwi was boosted by official data showing that New Zealand's trade surplus expanded to NZ$818 million in February, from NZ$286 million in January, whose figure was revised down from a previously estimated surplus of NZ$306 million.
Analysts had expected the surplus to expand to NZ$595 million last month.
Later in the day, the U.S. was to publish final data on fourth quarter economic growth, as well as the weekly report on initial jobless claims and private sector data on pending home sales.