Investing.com - The New Zealand Dollar was lower against the U.S. Dollar on Wednesday after the release of N.Z. data on Interest Rate Decision.
NZD/USD was trading at 0.7378, down 0.23% at time of writing.
The pair was likely to find support at 0.7332, today’s low, and resistance at 0.7418, Tuesday’s high.
Earlier in the day, official data showed that New Zealand’s official cash rate fell more-than-expected to 2.50% last month.
Analysts had expected the official cash rate to fall to 2.75%.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.31% to hit 1.3698 and EUR/NZD rising 0.27% to hit 1.8854.
NZD/USD was trading at 0.7378, down 0.23% at time of writing.
The pair was likely to find support at 0.7332, today’s low, and resistance at 0.7418, Tuesday’s high.
Earlier in the day, official data showed that New Zealand’s official cash rate fell more-than-expected to 2.50% last month.
Analysts had expected the official cash rate to fall to 2.75%.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.31% to hit 1.3698 and EUR/NZD rising 0.27% to hit 1.8854.