Investing.com - The New Zealand dollar held steady against its U.S. counterpart on Tuesday, trading near fresh two-and-a-half year lows as upbeat employment data from the U.S. continued to lend broad support to the greenback.
NZD/USD hit 0.7609 during late Asian trade, the pair's lowest since June 2012 and was last at 0.7657.
The pair was likely to find support at 0.7451 and resistance at 0.7712, Monday's high.
The greenback remained broadly supported after the Labor Department reported last Friday that the U.S. economy added 321,000 jobs in November, far more than the 225,000 forecast by economists and the largest monthly increase in almost three years.
The strong data fuelled to expectations for the Federal Reserve to raise interest rates mid-2015, compared to expectations for September 2015 before the report.
Earlier Tuesday, the Wall Street Journal reported that Fed officials are looking at dropping an assurance that interest rates will stay low for a "considerable time", in its statement, following its upcoming policy meeting next week.
The kiwi was higher against the Australian dollar, with AUD/NZD declining 0.54% to 1.0777.
Also Tuesday, the National Australia Bank said its business confidence index fell to 1 in November from 4 the previous month.