The New Zealand dollar failed to fire in today's session, instead further entrenching itself against the United States dollar, a broker said.
At 5pm, the kiwi was at US64.53c (from US64.33c at the same time yesterday), having ranged between US64.43c and US64.70c today.
The Australian dollar was at US70.45c (US70.66c).
BNZ currency strategist Sue Trinh said the kiwi had traded in a narrow range against the greenback today.
That was in keeping with its range-bound tendency of the past two months, Ms Trinh told NZPA today.
The kiwi was likely to get leverage from US non-farms payroll data out tomorrow night, and might break out of the US63.80c to US64.80c band.
"The market is struggling for direction at the moment... the non-farm payrolls is traditionally a very strong market mover," Ms Trinh said.
Against other major currencies the kiwi turned in a reasonable performance, "and that's really just an extension of the interest rate story we've had."
At 6.0 per cent, the Reserve Bank of New Zealand's (RBNZ) benchmark rate is higher than that of its major trading partners.
RBNZ governor Alan Bollard has flagged the likelihood of more rates rises this year.
Meanwhile, the euro was at US$1.2050 (US$1.2027) and the US dollar was buying 111.02 yen (110.17).
On other crosses, the kiwi was buying A91.59 (A91.60c), 0.5355 euro (0.5349), 35.35 British pence (35.30), 71.64 yen (71.51), and 0.8233 Swiss francs (0.8242).
The trade weighted index was at 65.91 (65.79), while the monetary conditions index was at plus 659 (648).
On the money and debt markets, 90-day bank bill yields were at 6.41 per cent (6.40), February 2006 bonds were static at 6.12 per cent, July 2009s were at 6.17 per cent (6.16), and April 2013s were at 6.23 per cent (6.24).
- NZPA
<i>Currency:</i> Dollar fails to fire and further consolidates against the USD
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