The New Zealand dollar had a sedate day amid a global hiatus in currency trading ahead of the US Supreme Court's ruling on the presidency.
"It has been very quiet during the whole day's session and really it has just been buffeted around a little bit by the comments that have come through from the Supreme Court in the States," Dean Sheridan of Citibank said.
"Nothing locally has been dictating direction apart from a few little flows of exporters buying currency from here and there, but in general it has been fairly quiet," Mr Sheridan said.
In the medium term, Mr Sheridan said, the kiwi was likely to remain around present levels. "I think up around 43USc is overdone and we will probably trade over the next month or so either just around 42c - say 41c the low and 43c on the topside," he said.
"There has to be a major change of New Zealand economic conditions or a major change in the States for it to move outside those ranges."
The US election overshadowed the other key data of the day - the release of Australian GDP figures.
The Australian Bureau of Statistics said real GDP rose by a seasonally adjusted 0.6 per cent in the September quarter. Over the year to September, GDP rose 4.2 per cent.
The Aussie closed up slightly at 54.18USc.
- NZPA
<i>Currency:</i> Kiwi stuck as world eyes US
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