The New Zealand dollar spent today drifting lower in tandem with the euro, a broker says.
At 5pm, the kiwi was fetching US63.46c (from US63.32c at 5pm yesterday), having traded between US63.45c and US63.66c today.
The Australian dollar was at US73.09c (US73.10c).
BNZ currency strategist Sue Trinh said the euro had drifted lower today, pulling the kiwi down with it.
Profit taking had contributed to the kiwi's slide.
The euro was at US$1.2147 (US$1.2115), having started today's session at US$1.2166. The greenback was buying 108.87 yen (109.45).
In a quiet day on the currency markets, Ms Trinh said there was little movement of note on the kiwi's main crosses.
The market was looking ahead to key United States non-farm payroll's data released overnight on Friday, she said.
Deutsche Bank's Phil Lindberg today said the payrolls number could give the kiwi some direction.
"A strong number would see the (US) dollar get boosted and the kiwi come off, and a weak number would probably see the kiwi jump further from where we are today," he said.
Meanwhile, on the crosses, the kiwi was fetching A86.83c (A86.62c), 35.40 British pence (35.24), 69.10 yen (69.30), 0.8100 Swiss francs (0.8104), and 0.5224 euro (0.5227).
The trade-weighted index was at 64.14 (64.08), while the monetary conditions index was at plus 465 (458).
On the debt market, 90-day bank bill yields were at 5.83 per cent (5.82).
The February 2006 yields were at 5.76 per cent (5.73), July 2009s were at 6.04 per cent (6.02) and April 2013s were at 6.20 per cent (6.19).
- NZPA
<i>Currency:</i> Dollar drifts off in today's session
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