Investing.com - The Australian Dollar was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
AUD/USD was trading at 1.0008, up 1.04% at time of writing.
The pair was likely to find support at 0.9668, Friday’s low, and resistance at 1.0077, today’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose more-than-expected to a seasonally adjusted 56.0 last month from 40.9 in the preceding month whose figure was revised up from 39.8.
Analysts had expected CB consumer confidence to rise to 43.0 last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 1.00% to hit 1.3314 and AUD/JPY rising 0.90% to hit 77.92.
AUD/USD was trading at 1.0008, up 1.04% at time of writing.
The pair was likely to find support at 0.9668, Friday’s low, and resistance at 1.0077, today’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose more-than-expected to a seasonally adjusted 56.0 last month from 40.9 in the preceding month whose figure was revised up from 39.8.
Analysts had expected CB consumer confidence to rise to 43.0 last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 1.00% to hit 1.3314 and AUD/JPY rising 0.90% to hit 77.92.