Investing.com - The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.
AUD/USD was trading at 1.0233, up 0.09% at time of writing.
The pair was likely to find support at 1.0118, Tuesday’s low, and resistance at 1.0372, Monday’s high.
Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia rose unexpectedly to a seasonally adjusted 8.7 last month from -17.5 in the preceding month.
Analysts had expected Philly Fed manufacturing index to fall -9.5 last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.30% to hit 1.3418 and AUD/JPY rising 0.19% to hit 78.68.
AUD/USD was trading at 1.0233, up 0.09% at time of writing.
The pair was likely to find support at 1.0118, Tuesday’s low, and resistance at 1.0372, Monday’s high.
Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia rose unexpectedly to a seasonally adjusted 8.7 last month from -17.5 in the preceding month.
Analysts had expected Philly Fed manufacturing index to fall -9.5 last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.30% to hit 1.3418 and AUD/JPY rising 0.19% to hit 78.68.