The New Zealand dollar spent the day sifting around the US68.70c mark in a flat session ahead of key data being released in the United States next week.
At 5pm, the kiwi was fetching US68.73c (from US68.77c at the same time last night), having traded between US68.59c and US68.81c.
The Australian dollar was at US77.19c (US77.23c).
Westpac currency strategist Johnathan Bayley said the kiwi traded sideways today, around the US68.70c mark.
"It's fair to say the market is nervous about more profit taking on dollar shorts," Mr Bayley told NZPA.
"In terms of the range it has been fairly quiet," he said.
The euro slipped to US$1.2447 (US$1.2503), while the greenback was buying 109.49 yen (108.87 yen).
The kiwi-aussie cross was still quite firm and had tested support at A89c throughout the day, Mr Bayley said.
"One thing, generally, about the kiwi on its crosses, is that it's been fairly firm," he said, noting the market was 50-50 on whether Reserve Bank would move the official cash rate on March 11.
On the crosses, the kiwi was buying A89.10c (A89.05c), 0.5524 euro (0.5503), 75.29 yen (74.92 yen), 36.90 British pence (36.68), and 0.8708 Swiss Francs (0.8660).
The trade-weighted index rose to 68.30 (68.17), while the monetary conditions index was at plus 756 (747).
Looking ahead, the market was also apprehensive ahead of the US fourth quarter Gross Domestic Product data, out tonight, and US payrolls data, out next week.
"They should be good for a bit of volatility," Mr Bayley said.
Meanwhile, the 90-day bank bill yields slipped to 5.61 per cent (5.62).
The February 2006 yields were at 5.53 per cent (5.54), July 2009 bonds were at 5.73 per cent (5.75) and the April 2013s were at 5.88 per cent (5.90).
- NZPA
<i>Currency:</i> Dollar trades sideways ahead of key US data
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