Investing.com - The New Zealand Dollar was higher against the U.S. Dollar on Friday after the release of U.S. data on CPI.
NZD/USD was trading at 0.8450, up 0.34% at time of writing.
The pair was likely to find support at 0.8112, Tuesday’s low, and resistance at 0.8506, Wednesday’s high.
Earlier in the day, official data showed that consumer price inflation in the U.S. fell more-than-expected to a seasonally adjusted -0.2% last month, from 0.2% in the preceding month.
Analysts had expected CPI to fall -0.1% last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 1.08% to hit 1.2595 and EUR/NZD falling 0.30% to hit 1.6741.
NZD/USD was trading at 0.8450, up 0.34% at time of writing.
The pair was likely to find support at 0.8112, Tuesday’s low, and resistance at 0.8506, Wednesday’s high.
Earlier in the day, official data showed that consumer price inflation in the U.S. fell more-than-expected to a seasonally adjusted -0.2% last month, from 0.2% in the preceding month.
Analysts had expected CPI to fall -0.1% last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 1.08% to hit 1.2595 and EUR/NZD falling 0.30% to hit 1.6741.