Investing.com - The New Zealand dollar slipped lower against its U.S. counterpart on Tuesday, as markets were jittery ahead of the Federal Reserve's upcoming policy statement on Wednesday and as investors continued to monitor developments in Crimea.
NZD/USD hit 0.8544 during late Asian trade, the session low; the pair subsequently consolidated at 0.8548, falling 0.21%.
The pair was likely to find support at 0.8445, the low of March 7 and resistance at 0.8605, the high of March 13.
Concerns over the Ukraine crisis seemed to subside as sanctions imposed on Russia by the U.S. and the European Union were seen as mild.
Russian President Vladimir Putin was to give a speech later Tuesday, following Sunday's referendum in Crimea, which saw a majority of voters chose to join Russia.
The kiwi was steady against the Australian dollar, with AUD/NZD easing up 0.06% to 1.0617.
Also Tuesday, in the minutes of its March policy meeting, the Reserve Bank of Australia said it saw more signs that record-low interest rates were supporting growth and reiterated that a period of steady borrowing costs was likely.
Later in the day, the U.S. was to produce data on consumer inflation, in addition to reports on building permits and housing starts.