Investing.com - The New Zealand Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Retail Sales.
NZD/USD was trading at 0.7692, down 0.23% at time of writing.
The pair was likely to find support at 0.7562, Tuesday’s low, and resistance at 0.7728, Thursday’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month.
Analysts had expected retail sales to rise 0.70% last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.53% to hit 1.2869 and EUR/NZD rising 0.09% to hit 1.7347.
NZD/USD was trading at 0.7692, down 0.23% at time of writing.
The pair was likely to find support at 0.7562, Tuesday’s low, and resistance at 0.7728, Thursday’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month.
Analysts had expected retail sales to rise 0.70% last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.53% to hit 1.2869 and EUR/NZD rising 0.09% to hit 1.7347.