Investing.com - The New Zealand Dollar was higher against the U.S. Dollar on Tuesday after the release of N.Z. data on Current Account.
NZD/USD was trading at 0.7403, up 0.03% at time of writing.
The pair was likely to find support at 0.7158, Wednesday’s low, and resistance at 0.7448, today’s high.
Earlier in the day, official data showed that New Zealand’s current account balance fell more-than-expected to a seasonally adjusted -3.52B in the last quarter from -1.77B in the preceding quarter.
Analysts had expected New Zealand’s current account balance to fall -2.13B in the last quarter.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.04% to hit 1.3656 and EUR/NZD falling 0.01% to hit 1.9181.
NZD/USD was trading at 0.7403, up 0.03% at time of writing.
The pair was likely to find support at 0.7158, Wednesday’s low, and resistance at 0.7448, today’s high.
Earlier in the day, official data showed that New Zealand’s current account balance fell more-than-expected to a seasonally adjusted -3.52B in the last quarter from -1.77B in the preceding quarter.
Analysts had expected New Zealand’s current account balance to fall -2.13B in the last quarter.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.04% to hit 1.3656 and EUR/NZD falling 0.01% to hit 1.9181.