Investing.com - The New Zealand Dollar was higher against the U.S. Dollar on Monday after the release of N.Z. data on Core Retail Sales.
NZD/USD was trading at 0.7900, up 0.58% at time of writing.
The pair was likely to find support at 0.7733, Thursday’s low, and resistance at 0.7988, Wednesday’s high.
Earlier in the day, official data showed that Core retail sales in New Zealand rose more-than-expected to a seasonally adjusted 2.4% last month from 1.1% in the preceding month whose figure was revised up from 1.0%.
Analysts had expected N.Z. core retail sales to rise 0.7% last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.08% to hit 1.3071 and EUR/NZD falling 0.40% to hit 1.7436.
NZD/USD was trading at 0.7900, up 0.58% at time of writing.
The pair was likely to find support at 0.7733, Thursday’s low, and resistance at 0.7988, Wednesday’s high.
Earlier in the day, official data showed that Core retail sales in New Zealand rose more-than-expected to a seasonally adjusted 2.4% last month from 1.1% in the preceding month whose figure was revised up from 1.0%.
Analysts had expected N.Z. core retail sales to rise 0.7% last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.08% to hit 1.3071 and EUR/NZD falling 0.40% to hit 1.7436.