KEY POINTS:
The New Zealand dollar was largely unchanged today after a solid outing last night against a weaker US dollar.
The kiwi traded tightly and closed at US66.55c, just below yesterday's close of US66.58c.
It was holding comfortably above a 10-day low of US66.12c reached after Thursday's weak jobs data reinforced views that local interest rates will remain on hold.
Dealers tipped it to break above US67c overnight.
The US dollar dropped to a two-month low against the euro, pressured by poor consumer sentiment data and after the Chinese central bank governor said it has a clear plan to diversify its foreign reserves and was considering lots of instruments.
It was not clear if China's diversification meant selling of US dollar assets, but the uncertainty was putting pressure on the greenback.
The euro closed here at US$1.2858, compared to $1.2764 yesterday. Investors are looking to local data next week, including third quarter retail sales and producer prices, along with a regional business survey.
Currency rates:
5pm today 5.40pm Thursday
NZ dlr/US dlr US66.55c US66.58c
NZ dlr/Aust dlr A86.57c A86.84c
NZ dlr/euro 0.5176 0.5216
NZ dlr/yen 78.17 78.48
NZ dlr/stg 34.84p 34.96p
NZ TWI 66.34 66.58
Australian dollar US76.88 US76.67
Euro/US dollar 1.2858 1.2764
US dollar/yen 117.48 117.86
- NZPA