Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Friday after the release of U.S. data on Chicago PMI.
NZD/USD was trading at 0.8772, up 0.68% at time of writing.
The pair was likely to find support at 0.8614, Monday’s low, and resistance at 0.8778, today’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI fell more-than-expected to a seasonally adjusted 58.8 last month from 61.1 in the preceding month.
Analysts had expected the Chicago PMI to fall to 60.0 last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.79% to hit 1.2533 and EUR/NZD falling 0.39% to hit 1.6390.
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