Investing.com - The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.
AUD/USD was trading at 1.0376, down 1.66% at time of writing.
The pair was likely to find support at 1.0353, today’s low, and resistance at 1.0602, Wednesday’s high.
Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia fell unexpectedly to a seasonally adjusted -30.7 last month from 3.2 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 3.9 last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.98% to hit 1.3808 and AUD/JPY falling 1.79% to hit 79.38.
AUD/USD was trading at 1.0376, down 1.66% at time of writing.
The pair was likely to find support at 1.0353, today’s low, and resistance at 1.0602, Wednesday’s high.
Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia fell unexpectedly to a seasonally adjusted -30.7 last month from 3.2 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 3.9 last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.98% to hit 1.3808 and AUD/JPY falling 1.79% to hit 79.38.