Investing.com - The New Zealand dollar was almost unchanged against its U.S. counterpart on Monday, as markets were jittery amid uncertainty over the outcome of talks on a financial aid deal for Greece.
NZD/USD hit 0.8247 during European morning trade, the daily high; the pair subsequently consolidated at 0.8238, inching up 0.02%.
The pair was likely to find support at 0.8212, the low of November 1 and resistance at 0.8266, the high of November 5.
Investors were cautious ahead of a meeting of euro zone finance ministers later in the day to discuss whether to release Greece’s next tranche of aid.
German Chancellor Angela Merkel said she believes a deal can be reached at Monday’s talks, while the French finance minister said over the weekend that an agreement is close.
Elsewhere, the kiwi was steady against the Australian dollar with AUD/NZD easing 0.01%, to hit 1.2694.
Later in the day, Germany was to release data on German consumer climate.