Investing.com - The New Zealand dollar slipped lower against its U.S. counterpart on Wednesday, as markets were still jittery after the announcement of Greece's latest bailout deal, although a strong economic growth report lent some support.
NZD/USD hit 0.6693 during late Asian trade, the session low; the pair subsequently consolidated at 0.6699, edging down 0.18%.
The pair was likely to find support at 0.6623, the low of July 8 and resistance at 0.6753, the high of July 13.
Sentiment had found support after euro zone leaders reached a unanimous agreement on a third bailout deal for Greece on Monday, following marathon weekend-long talks.
But investors remained cautious as Greece's government on Tuesday submitted the bailout terms demanded by eurozone creditors to parliament and as Prime Minister Alexis Tsipras battled for support for the reforms from his ruling anti-austerity Syriza party.
Four pieces of legislation must be passed by the end of the day on Wednesday, including pension and sales tax reforms.
Elsewhere, official data showed on Wednesday that China gross domestic product rose by 7.0% in the second quarter, beating expectations for a growth rate of 6.9%.
China is New Zealand's second biggest export partner.
The kiwi was lower against the Australian dollar, with AUD/NZD advancing 0.40% to 1.1145.
Also Wednesday, the Westpac Banking Corporation reported that its consumer sentiment index for Australia fell 3.2% in July after a decline of 6.9% the previous month.