The New Zealand dollar today moved slightly upwards against the US dollar, which was itself edging towards a two-year high against the yen.
The kiwi closed at US68.73c, having started the day at US68.70c, after being at US68.65c at 5pm Friday.
The US dollar also steadied versus the euro after the European Central Bank chief Jean-Claude Trichet signalled late last week that interest rates were set to rise.
The Federal Reserve is also expected to raise rates in December, which would likely keep the dollar's 2 percentage point advantage over the euro.
The US dollar was buying 119.28 yen, not far off last week's peak of 119.58 yen, the highest since August 2003.
The yen has tumbled around 9 percent against the dollar and 4 percent versus the euro since early September, even as foreign investors piled into Japanese shares and helped to push the Nikkei 225 stock average to five-year highs.
Japan will release consumer price data for October on Friday, with the nationwide core CPI seen flat from a year earlier.
Little major economic data is due in the United States this week ahead of Thanksgiving on Thursday.
The kiwi was steady during the day against the Australian dollar at $A93.71, having been A93.80c on Friday evening. The Australian dollar showed little movement today against the US currency at US73.34c, having been US73.18c on Friday evening.
The kiwi also held steady against the sterling during the day, closing at 40.01p, having been at 39.95p on Friday.
The following are Reuters currency rates:
5pm today 5pm Friday
NZ dlr US68.73c US68.65c
NZ dlr/Aust dlr A93.71c A93.80c
NZ dlr/euro 0.5837 0.5852
NZ dlr/yen 81.91 81.70
NZ dlr/stg 40.01p 39.95p
NZ TWI 71.43 71.42
Australian dollar US73.34c US73.18c
Euro/US dollar US1.1775 US1.1731
US dollar/yen 119.28 119.12
- NZPA
<EM>Currency:</EM> Kiwi moves up against greenback
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