Investing.com - The New Zealand Dollar was lower against the U.S. Dollar on Tuesday after the release of N.Z. data on Current Account.
NZD/USD was trading at 0.7677, down 0.05% at time of writing.
The pair was likely to find support at 0.7462, Thursday’s low, and resistance at 0.7716, today’s high.
Earlier in the day, official data showed that New Zealand’s current account balance fell more-than-expected to a seasonally adjusted -4.60B in the last quarter from -0.92B in the preceding quarter.
Analysts had expected New Zealand’s current account balance to fall -3.77B in the last quarter.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.07% to hit 1.3116 and EUR/NZD rising 0.06% to hit 1.7042.
NZD/USD was trading at 0.7677, down 0.05% at time of writing.
The pair was likely to find support at 0.7462, Thursday’s low, and resistance at 0.7716, today’s high.
Earlier in the day, official data showed that New Zealand’s current account balance fell more-than-expected to a seasonally adjusted -4.60B in the last quarter from -0.92B in the preceding quarter.
Analysts had expected New Zealand’s current account balance to fall -3.77B in the last quarter.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.07% to hit 1.3116 and EUR/NZD rising 0.06% to hit 1.7042.