Investing.com – The New Zealand dollar fell to a 9-day low against the greenback last week on fears over euro zone debt, although it bounced somewhat after the announcement of a financial safety net for Greece.
NZD/USD hit 0.7032 at the close of trade on Friday, slightly higher than Wednesday's low of 0.6993, the pair's lowest rate since March 15.
The pair is likely to find resistance at 0.7178, the high of March 17, and short-term support at 0.6961, the low of March 9.
Next week, the United States is scheduled to publish a key report on unemployment claims. Industry groups are also set to release data on the U.S. job market, manufacturing sector and consumer confidence.
New Zealand, meanwhile, will publish data on the housing market and a key report on business confidence.
Ahead of the coming week, Investing.com has compiled a list of these and other significant events likely to affect NZD/USD.
Monday, March 29
New Zealand will publish a monthly report on the change in the number of new building approvals issued, a leading gauge of future construction activity.
Also Monday, the U.S. will release data on consumer inflation, as well as reports on personal spending and personal income. U.S. Treasury Secretary Timothy Geithner, meanwhile, is set to speak at an event in Washington, D.C. Traders will scrutinize his comments for clues to future shifts in monetary policy.
Tuesday, March 30
Standard & Poor's will release its U.S. house price index and an industry group, the Conference Board, will publish data on U.S. consumer confidence.
Wednesday, March 31
New Zealand's central bank will publish its business confidence index, a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers.
Also Wednesday, the data processing firm ADP will publish a closely watched report on U.S. nonfarm employment change. Canada will later release a monthly report on its GDP, the broadest measure of economic activity.
Thursday, April 1
The U.S. will publish an important weekly report on unemployment claims, and an industry group will publish a manufacturing PMI for the country.
Friday, April 2
New Zealand will hold a bank holiday for Good Friday.
The U.S. will end the week with the publication of key data on non-farm employment change and the country's unemployment rate. The country will also release a report on average hourly earnings.
NZD/USD hit 0.7032 at the close of trade on Friday, slightly higher than Wednesday's low of 0.6993, the pair's lowest rate since March 15.
The pair is likely to find resistance at 0.7178, the high of March 17, and short-term support at 0.6961, the low of March 9.
Next week, the United States is scheduled to publish a key report on unemployment claims. Industry groups are also set to release data on the U.S. job market, manufacturing sector and consumer confidence.
New Zealand, meanwhile, will publish data on the housing market and a key report on business confidence.
Ahead of the coming week, Investing.com has compiled a list of these and other significant events likely to affect NZD/USD.
Monday, March 29
New Zealand will publish a monthly report on the change in the number of new building approvals issued, a leading gauge of future construction activity.
Also Monday, the U.S. will release data on consumer inflation, as well as reports on personal spending and personal income. U.S. Treasury Secretary Timothy Geithner, meanwhile, is set to speak at an event in Washington, D.C. Traders will scrutinize his comments for clues to future shifts in monetary policy.
Tuesday, March 30
Standard & Poor's will release its U.S. house price index and an industry group, the Conference Board, will publish data on U.S. consumer confidence.
Wednesday, March 31
New Zealand's central bank will publish its business confidence index, a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers.
Also Wednesday, the data processing firm ADP will publish a closely watched report on U.S. nonfarm employment change. Canada will later release a monthly report on its GDP, the broadest measure of economic activity.
Thursday, April 1
The U.S. will publish an important weekly report on unemployment claims, and an industry group will publish a manufacturing PMI for the country.
Friday, April 2
New Zealand will hold a bank holiday for Good Friday.
The U.S. will end the week with the publication of key data on non-farm employment change and the country's unemployment rate. The country will also release a report on average hourly earnings.