Investing.com - The Australian Dollar was higher against the U.S. Dollar on Tuesday after the release of Australian data on Interest Rate Decision.
AUD/USD was trading at 0.9992, up 1.23% at time of writing.
The pair was likely to find support at 0.9680, Friday’s low, and resistance at 1.0023, today’s high.
Earlier in the day, official data showed that Australia’s cash rate rose unexpectedly to 4.75% last month.
Analysts had expected the cash rate to remain unchanged at 4.50%.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.20% to hit 1.4047 and AUD/JPY rising 1.42% to hit 80.59.
AUD/USD was trading at 0.9992, up 1.23% at time of writing.
The pair was likely to find support at 0.9680, Friday’s low, and resistance at 1.0023, today’s high.
Earlier in the day, official data showed that Australia’s cash rate rose unexpectedly to 4.75% last month.
Analysts had expected the cash rate to remain unchanged at 4.50%.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.20% to hit 1.4047 and AUD/JPY rising 1.42% to hit 80.59.