Investing.com - The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
AUD/USD was trading at 1.0434, down 0.38% at time of writing.
The pair was likely to find support at 1.0363, Monday’s low, and resistance at 1.0535, Tuesday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 417K last week from 412K in the preceding week whose figure was revised up from 408K.
Analysts had expected Initial Jobless Claims to fall to 405K last week.
Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.07% to hit 1.3772 and AUD/JPY rising 0.39% to hit 80.94.
AUD/USD was trading at 1.0434, down 0.38% at time of writing.
The pair was likely to find support at 1.0363, Monday’s low, and resistance at 1.0535, Tuesday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 417K last week from 412K in the preceding week whose figure was revised up from 408K.
Analysts had expected Initial Jobless Claims to fall to 405K last week.
Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.07% to hit 1.3772 and AUD/JPY rising 0.39% to hit 80.94.