Investing.com - The New Zealand dollar was almost unchanged against its U.S. counterpart in thin trade on Monday, as markets awaited the release of U.S. data throughout the week after, while concerns over events in Ukraine slightly subsided.
NZD/USD hit 0.8288 during late Asian trade, the session high; the pair subsequently consolidated at 0.8284, easing up 0.06%.
The pair was likely to find support at 0.8212, the low of February 7 and resistance at 0.8343, the high of February 19.
Demand for the greenback continued to be underpinned after the minutes of the Federal Reserve’s January meeting last week showed that officials agreed the current pace of reductions to the bank’s asset purchase program would remain unchanged, so long as the economy shows signs of improvement.
Elsewhere, Ukraine’s parliament voted on Saturday to remove President Viktor Yanukovich, giving interim presidential powers to an ally of Yulia Tymoshenko, the former prime minister. The interim government has indicated that it will push more integration with Europe.
The kiwi was higher against the Australian dollar, with AUD/NZD slipping 0.12% to 1.0826.