The kiwi largely traded sideways today in a quiet session before the long weekend, but late this afternoon looked likely to make brief foray higher, a dealer said.
At 5pm today the kiwi was at US72.84c from US72.80c this morning and US72.75c at 5pm yesterday, having ranged between US72.58c and US72.84c today.
It was on the way up as the local session closed. "It looks like we're going to have a little nudge through US73.00c," ANZ Investment Bank dealer Mark Elliott said, "but I don't think it's going to be sustained".
The kiwi's move higher late in the session was a bounce from its lows earlier in the session, "and I think this is an excellent place to sell kiwi", Mr Elliott said.
New Zealand markets are closed on Monday for Anzac day.
Meanwhile, the australian dollar was at US77.75c (US77.64c at 5pm yesterday), the greenback was buying 106.76 yen (106.86), and the euro was at US$1.3036 (US$1.3095).
On the crosses, the kiwi was at A93.69c (A93.83), 0.5586 euro (0.5556), 77.75 yen (77.74), 38.17 British pence (37.91), and 0.8622 Swiss francs (0.8567).
The trade-weighted index was at 71.06 (70.91), and the monetary conditions index was at plus 1098 (1086).
On the money markets, 90-day bank bill yields were at 7.04 per cent (7.03), July 2009 bonds were at 5.99 per cent (5.94), and April 2015s were at 5.94 per cent (5.88).
- NZPA
<EM>Currency</EM>: Kiwi perks up at close of quiet session
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