Forex - AUD/USD down on economic data

Published on Mon, Jan 09, 2012 at 06:20 |  Source : Forexpros.com

Updated at Mon, Jan 09, 2012 at 12:26  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Forexpros - The Australian Dollar was lower against the U.S. Dollar on Monday after the release of Australian data on Retail Sales.

AUD/USD was trading at 1.0164, down 0.64% at time of writing.

The pair was likely to find support at 1.0151, today's low, and resistance at 1.0374, Wednesday's high.

Earlier in the day, official data showed that Retail sales in Australia remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.2% in the preceding month.

Analysts had expected Australian retail sales to rise 0.4% last month.

Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.39% to hit 1.2484 and AUD/JPY falling 0.61% to hit 78.23.


Forexpros - Forexpros offers an extensive set of professional tools for the Forex, Commodities, Futures and the Stock Market including real-time data streaming, a comprehensive economic calendar, as well as financial news and technical & fundamental analysis by in-house experts.

  

Trending News

Business News

Hands on Preview of the Samsung Galaxy S III
Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7% "Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7%"

Ranvir Sena chief killed, Bihar on high alert

May Auto Sales HMSI Total Sales Up 56% At 2.21 Lakh Units (YoY)

The latest earning numbers FIRST on CNBC-TV18
Videos

Jun 1 2012, 14:57

Delisting candidates are risky; be cautious: SMC

- in MARKET OUTLOOK

Jun 1 2012, 11:57

Raamdeo Agrawal lauds Q4 nos, sees drastic rate cuts ahead

- in MARKET OUTLOOK

Interviews

Jun 1 2012, 15:36 | Source: CNBC-TV18

M&M performed well on strategy, not fuel prices: Nayer  

Jun 1 2012, 11:29 | Source: CNBC-TV18

HDIL eyes revenues of Rs 2500 cr in FY13  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!