Investing.com - The New Zealand dollar was steady against its U.S. counterpart on Wednesday, hovering close to one-week lows as demand for the greenback remained supported by Tuesday's strong U.S. data.
NZD/USD hit 0.8682 during late Asian trade, the session high; the pair subsequently consolidated at 0.8676, inching up 0.05%.
The pair was likely to find support at 0.8606, the low of June 12 and resistance at 0.8724, Tuesday's high.
The greenback strengthened after data showed that consumer confidence and new homes sales both rose to six year highs.
The CB consumer confidence index jumped to 85.2 in June from 83.0 last month. It was the highest reading since January 2008.
Another report showed that the number of new home sales also rose to a six-year high, surging 18.6% in May to an annual rate of 504,000. It was the highest level since May 2008 and the largest monthly increase since January 1992.
The kiwi was fractionally higher against the Australian dollar, with AUD/NZD slipping 0.09% to 1.0791.
Later in the day, the U.S. was to publish data on durable goods orders, as well as revised data on first quarter growth.