Investing. com – The New Zealand dollar was higher against its U. S. counterpart on Thursday, as the previous session’s U. S. private sector jobs data continued to weigh on the greenback and investors awaited the upcoming report on nonfarm payrolls. hit 0. 6550 during late Asian trade, the session high; the pair subsequently consolidated at 0. 6553, gaining 0. 61%. The pair was likely to find support at 0. 6486, Wednesday’s low and a six-year low and resistance at 0. 6618, the high of August 4. rose 185,000 last month, below expectations for an increase of 215,000. Investors were eyeing the upcoming U. S. jobs report for July due on Friday, which could reinforce expectations for higher interest rates by the Federal Reserve. The kiwi was higher against the Australian dollar, with declining 0. 72% to 1. 1211.
Earlier Thursday, the Australian Bureau of Statistics reported that rose by 38,500 in July, beating expectations for an increase of 10,000. The number of employed people ose by 7,000 in June, whose figure was revised from a previously estimated gain of 7,300. ticked up to 6. 3% last month from 6. 1% in June, whose figure was revised from a previously estimated rate of 6. 0%. Analysts had expected an unemployment rate of 6. 0% in July.