The New Zealand dollar moved slightly higher through today's session but failed to break back into the US71c band, a dealer said.
At 5pm, the kiwi was at US70.80c (US71.22c at 5pm on Friday). It began today's session at US70.63c and ranged between US70.56c and US70.80c.
Against the aussie, the kiwi was at A92.82c (A93.08c), while at 39.09 British pence (39.08) it was close to recent multi-year highs.
BNZ currency strategist Sue Trinh said the kiwi had held up well against the greenback today and closed near its session highs.
"It's clawed its way back very slowly today," Ms Trinh said.
The kiwi's path in coming sessions was very much at the hands of the greenback, she told NZPA today.
"This week most of the data's going to be coming from the US, with inflationary figures and capital flow data," she said.
The kiwi-aussie cross had given up a "fair bit of ground", which was in line with the general market bias.
"Most of the market think that cross (kiwi-aussie) is going to go lower in the medium term," she said, noting investors were happy to sell at prices above A93c.
Meanwhile, the kiwi was at 0.5846 euro (0.5822), 76.84 yen (76.56), and 0.8988 Swiss francs (0.8928).
The euro was buying US$1.2110 (US$1.2232), the greenback was buying 108.53 yen (107.49) and the aussie was at US76.29c (US76.51c).
The trade-weighted index was at 71.09 (71.14), while the monetary conditions index was at plus 1102 (1104).
On the money markets, 90-day bank bill yields were at 7.05 per cent (7.04), July 2009s were at 5.85 per cent (5.81) and April 2015s were at 5.73 per cent (5.65).
- NZPA
<EM>Currency:</EM> NZ dollar gains slightly against its US counterpart
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