The New Zealand dollar fell to two-month lows against its U.S. counterpart on Thursday, as renewed geopolitical worries dampened risk sentiment after a terrorist attack in Indonesia.
NZD/USD hit 0.6467 during late Asian trade, the pair’s lowest since November 19; the pair subsequently consolidated at 0.6501, shedding 0.23%.
The pair was likely to find support at 0.6463, the low of November 19, and resistance at 0.6592, Wednesday’s high.
Sentiment weakened after a series of apparently coordinated gun and bomb attacks were carried out in the heart of the Indonesian capital of Jakarta Thursday morning. At least four people were killed.
Market participants also continued to focus on the oil market as crude futures for February delivery hovered around 30$ after falling below that level on Tuesday.
The kiwi was lower against the Australian dollar, with AUD/NZD rising 0.32% to 1.0712.
Earlier Thursday, the Australian Bureau of Statistics reported that the number of employed people declined by 1,000 in December, compared to expectations for a 12,500 drop.
The number of employed people increased by 75,000 in November, whose figure was revised from a previously estimated gain of 71,400.
Australia’s unemployment rate remained unchanged at 5.8% in December, confounding expectations for an uptick to 5.9%.