The New Zealand dollar today turned in a robust performance against its United States and Australian counterparts.
At 5pm, the kiwi was at US73.34c (from US73.16c at 5pm yesterday). It had started today's session at US73.39c before ranging between US73.08c and US73.43c.
Against the aussie, the kiwi was at A94.10c (A94.03c), after trading in a narrow A93.91c to A94.14c band.
BNZ currency strategist Sue Trinh said the kiwi had generally been "a bit shaky" during today's session, although it was "robust" against the aussie and the greenback.
US non-farm payroll data, which is due out on Friday, was likely to be an influencing factor on currency markets, and could provide a directional cue for the kiwi-US.
Also on Friday, the Reserve Bank of Australia (RBA) issues its May monetary policy statement, having held its benchmark rate at 5.5 per cent yesterday.
"The kiwi demand against the aussie dollar hasn't really resulted in too much of a push in the kiwi-US cross," Ms Trinh said.
"We've a very interesting 48 hours ahead of us.
She added that the RBA was expected to be "more dovish" in its statement.
Meanwhile, the kiwi was at 0.5662 euro (0.5645), 76.59 yen (76.56), 38.55 British pence (38.47) and 0.8737 Swiss francs (0.8701).
The euro was fetching US$1.2955 (US$1.2962), while the greenback was buying 104.51 yen (104.67) and the aussie was at US77.95c (US77.81c).
The trade-weighted index was at 71.39 (71.24) and the monetary conditions index was at plus 1125 (1113).
On the money markets, the 90-day bank bill yields were at 7.08 per cent (7.06), July 2009 bonds were at 5.97 per cent (5.91), and April 2015s were at 5.84 per cent (5.79).
- NZPA
<EM>Currency:</EM> Kiwi holds its own against others
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