Forexpros – The Australian dollar was steady against its U.S. counterpart on Thursday, as sentiment was mildly supported by hopes of an imminent breakthrough in Greek debt talks.
AUD/USD hit 1.0824 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0801, inching up 0.02%.
The pair was likely to find support at 1.0701, the low of February 7 and resistance at 1.0968, the high of July 26.
Greek political leaders agreed on all points of a bailout package except on pension cuts on Wednesday evening.
But sentiment remained supported after officials said talks with international lenders would continue so a deal could be concluded before a meeting of euro zone finance ministers later in the day.
In Australia, industry data showed earlier that an index of business confidence rose to 1 in the fourth quarter from minus 3 the previous quarter.
Elsewhere, the Aussie was lower against the New Zealand dollar with AUD/NZD dipping 0.05%, to hit 1.2930.
Also Thursday, official data showed that the number of employed people in New Zealand rose less-than-expected in the fourth quarter, ticking up 0.1% after a 0.2% rise the previous quarter.
The report also said that New Zealand’s unemployment rate eased to 6.3% from 6.6% the previous quarter, surpassing expectations for a reading at 6.5%.
Later in the day, the U.S. was to publish government data on unemployment claims.