Investing.com - The New Zealand Dollar was higher against the U.S. Dollar on Friday after the release of U.S. data on Retail Sales.
NZD/USD was trading at 0.8020, up 0.84% at time of writing.
The pair was likely to find support at 0.7706, Monday’s low, and resistance at 0.8043, today’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 1.1% last month, from 0.3% in the preceding month whose figure was revised up from 0.0%.
Analysts had expected retail sales to rise 0.5% last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.26% to hit 1.2846 and EUR/NZD falling 0.16% to hit 1.7294.
NZD/USD was trading at 0.8020, up 0.84% at time of writing.
The pair was likely to find support at 0.7706, Monday’s low, and resistance at 0.8043, today’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 1.1% last month, from 0.3% in the preceding month whose figure was revised up from 0.0%.
Analysts had expected retail sales to rise 0.5% last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.26% to hit 1.2846 and EUR/NZD falling 0.16% to hit 1.7294.