Investing.com - The New Zealand dollar was higher against its U.S. counterpart on Monday, but gains were expected to remain limited as Friday's strong jobs report continued to lend support to the greenback.
NZD/USD hit 0.7738 during late Asian trade, the session high; the pair subsequently consolidated at 0.7726, adding 0.25%.
The pair was likely to find support at 0.7689, the low of July 5 and resistance at 0.7842, the high of July 5.
Demand for the greenback remained supported after official data showed that the U.S. economy added 195,000 jobs in June, more than the 165,000 increase forecast by economists.
May's figure was revised up to 195,000 from a previously reported 175,000. The unemployment rate remained unchanged at 7.6% in June.
In New Zealand, a report showed that house price inflation was flat in June, after a 0.7% rise the previous month.
The kiwi was higher against the Australian dollar with AUD/NZD shedding 0.29%, to hit 1.1720.
Also Monday, data showed that ANZ job advertizements fell 1.8% in June, after a 2.5% decline the previous month.
NZD/USD hit 0.7738 during late Asian trade, the session high; the pair subsequently consolidated at 0.7726, adding 0.25%.
The pair was likely to find support at 0.7689, the low of July 5 and resistance at 0.7842, the high of July 5.
Demand for the greenback remained supported after official data showed that the U.S. economy added 195,000 jobs in June, more than the 165,000 increase forecast by economists.
May's figure was revised up to 195,000 from a previously reported 175,000. The unemployment rate remained unchanged at 7.6% in June.
In New Zealand, a report showed that house price inflation was flat in June, after a 0.7% rise the previous month.
The kiwi was higher against the Australian dollar with AUD/NZD shedding 0.29%, to hit 1.1720.
Also Monday, data showed that ANZ job advertizements fell 1.8% in June, after a 2.5% decline the previous month.