Investing.com - The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of Australian data on Private New Capital Expenditure.
AUD/USD was trading at 1.0016, up 0.16% at time of writing.
The pair was likely to find support at 0.9668, Friday’s low, and resistance at 1.0087, today’s high.
Earlier in the day, official data showed that Australian private new capital expenditure rose more-than-expected to a seasonally adjusted 12.3% in the last quarter from 4.9% in the preceding quarter.
Analysts had expected Australian private new capital expenditure to rise 8.0% in the last quarter.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.12% to hit 1.3299 and AUD/JPY rising 0.19% to hit 78.07.
AUD/USD was trading at 1.0016, up 0.16% at time of writing.
The pair was likely to find support at 0.9668, Friday’s low, and resistance at 1.0087, today’s high.
Earlier in the day, official data showed that Australian private new capital expenditure rose more-than-expected to a seasonally adjusted 12.3% in the last quarter from 4.9% in the preceding quarter.
Analysts had expected Australian private new capital expenditure to rise 8.0% in the last quarter.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.12% to hit 1.3299 and AUD/JPY rising 0.19% to hit 78.07.