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2014.04.2205:26:41UTC+00Aussie climbs versus dollar on hushed trade

The Australian advanced versus the US dollar in subdued trade on Tuesday, as financial centers around the world resumed trading after the long Easter weekend.

Aussie reached $0.9367 in late Asian trade, the highest since April 17. Later, it consolidated at $0.9365, up by 0.40%.

The currency would possibly seek support at $0.9266, the April 8 low and resistance at $0.9418, the April 15 high.

In Australia, the Conference Board said its leading index climbed 0.3% in February, following a 0.2% gain last month.

On the other hand, the greenback was still supported following the optimistic US data on manufacturing and employment last week led to underlying strength in the economy.

The Labor Department said the number of people filing for unemployment benefits went up to 304,000, not far from six-and-a-half year low of 300,000 reached last week.

The Aussie surged higher versus the euro, retreated 0.38% to A$1.4731.

Later today, US is slated to issue private sector data on existing home sales.



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