Investing.com - The New Zealand Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.
NZD/USD was trading at 0.7880, down 0.07% at time of writing.
The pair was likely to find support at 0.7638, Monday’s low, and resistance at 0.7958, Tuesday’s high.
Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally adjusted -0.1% last month from 0.7% in the preceding month.
Analysts had expected Core durable goods orders to rise 0.2% last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.17% to hit 1.2590 and EUR/NZD rising 0.38% to hit 1.7294.
NZD/USD was trading at 0.7880, down 0.07% at time of writing.
The pair was likely to find support at 0.7638, Monday’s low, and resistance at 0.7958, Tuesday’s high.
Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally adjusted -0.1% last month from 0.7% in the preceding month.
Analysts had expected Core durable goods orders to rise 0.2% last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.17% to hit 1.2590 and EUR/NZD rising 0.38% to hit 1.7294.