The New Zealand dollar was little changed overnight in the absence of major drivers and as US economic data broadly met expectations ahead of the country's Thanksgiving public holiday.
The kiwi traded at 65.70 US cents at 8am in Wellington, from 65.78 cents at 5pm yesterday. The trade-weighted index was at 71.34 from 71.30 yesterday.
US data released ahead of Thursday's Thanksgiving holiday broadly met expectations. The releases covering consumer spending, unemployment, durable goods orders, consumer confidence, and new home sales, while mixed, kept alive the prospect of the Federal Reserve raising interest rates at its meeting next month, analysts said.
"Ahead of today's US Thanksgiving holiday, markets were fairly calm overnight," Bank of New Zealand senior market strategist Kymberly Martin said in a note. "US data delivery overnight was generally not too far from expectation, with insufficient surprise to provoke much in the way of currency response.
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