5.25pm
The New Zealand dollar chipped out slight gains against the United States dollar in an otherwise featureless session today.
At 5pm, the kiwi was at US65.71c (from US65.23c at 5pm on Friday), having ranged between US65.44c and US65.80c.
It opened at US65.59c at 8.30am in Wellington.
The Australian dollar was at US69.74c (US68.98c).
Westpac currency strategist Johnathan Bayley said there was little liquidity on currency markets today.
"It's been a US dollar move for the most part today and it's driven the kiwi higher," he told NZPA.
"It (the kiwi) has just ground up all day, but there's not a lot behind that price action."
The greenback had eased a bit and if "we get any softer (US) data it's a theme the market might expand on."
A string of US economic data was due out this week, including US consumer sentiment and consumer price index figures.
"That could give the kiwi gains later on in the week," Mr Bayley said.
The kiwi-aussie cross tiptoed lower during the session, closing at A94.24c (A94.55c), after opening at A94.33c.
On Friday, the kiwi neared an all-time high of A94.98c.
Meanwhile, the euro was buying US$1.2269 (US$1.2247), while the US dollar was at 109.62 (110.15).
Against the other crosses, the kiwi was buying 0.5357 euro (0.5326), 36.57 British pence (36.41), 72.05 yen (71.85), and 0.8263 Swiss francs (0.8203).
The trade weighted index was at 66.89 (66.59) and the monetary conditions index at plus 754 (731).
In the money market, 90-day bank bill yields at 6.63 per cent (6.62).
On the bond market, February 2006s were at 6.28 per cent (6.26), July 2009s were at 6.19 per cent (6.20) and April 2013s at 6.16 per cent (6.17).
- NZPA
<i>Currency:</i> Dollar chips out slight gains against Greenback
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