Investing.com - The New Zealand Dollar was lower against the U.S. Dollar on Sunday after the release of N.Z. data on Core Retail Sales.
NZD/USD was trading at 0.7798, down 0.40% at time of writing.
The pair was likely to find support at 0.7798, today’s low, and resistance at 0.7970, Tuesday’s high.
Earlier in the day, official data showed that Core retail sales in New Zealand fell unexpectedly to a seasonally adjusted -2.5% last month from 2.3% in the preceding month whose figure was revised down from 2.9%.
Analysts had expected N.Z. core retail sales to rise 0.3% last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.27% to hit 1.2835 and EUR/NZD rising 0.22% to hit 1.6536.
NZD/USD was trading at 0.7798, down 0.40% at time of writing.
The pair was likely to find support at 0.7798, today’s low, and resistance at 0.7970, Tuesday’s high.
Earlier in the day, official data showed that Core retail sales in New Zealand fell unexpectedly to a seasonally adjusted -2.5% last month from 2.3% in the preceding month whose figure was revised down from 2.9%.
Analysts had expected N.Z. core retail sales to rise 0.3% last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.27% to hit 1.2835 and EUR/NZD rising 0.22% to hit 1.6536.