5.30pm
The New Zealand dollar traded quietly in the run up to key US employment data tonight.
At 5pm today the kiwi was buying US67.53c from US67.48c at 5pm yesterday having traded in a US67.44c to US67.71c range.
ANZ Investment Bank chief foreign exchange dealer Murray Hindley said the kiwi had pretty much been on hold in advance of tonight's US non-farm payrolls data. "I guess we'll take our lead from there."
According to a Reuters poll of economists, non-farm payrolls are expected to have risen by a median of 148,000 in September, compared with 144,00 new jobs created in August.
Mr Hindley said a payrolls number significantly below expectations would likely see the greenback ease and the kiwi strengthen and anything significantly above would have the opposite effect.
M eanwhile at 5pm the aussie was buying US72.69c (US72.47c at 5pm yesterday), the euro was unchanged at US$1.2312 and the greenback was buying 110.85 yen (111.25).
On the crosses the kiwi was fetching A92.98c (A93.19c), 37.89 British pence (37.90) 74.88 yen (75.07), 0.8523 Swiss francs (0.8533), and 0.5485 euros (0.5491).
The New Zealand dollar trade-weighted index (TWI) was at 68.38 (68.42), while the monetary conditions index was at plus 879 (882).
In the money market, 90-day bank bill yields were unchanged at 6.77 per cent. On the bond market, February 2006s were at 6.24 (6.29), July 2009s were at 6.14 per cent (6.16) and April 2013s were at 6.15 per cent (6.18).
- NZPA
<i>Currency:</i> Kiwi trades quietly ahead of key US jobs data
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