The New Zealand dollar traded tightly today as the Australian market was closed for a public holiday.
The kiwi climbed slightly to US63.33c at 5.30pm, from US62.72c at 5pm at Friday's close.
Against the Australian currency the New Zealand dollar strengthened to A84.66c compared with A84.22c on Friday.
It was buying 0.5014 euros from 0.4962, and 72.25 yen (71.43 yen). The TWI was at 63.57 against 63.02 on Friday evening.
Things had moved a little slower today because of a holiday in Australia. Analysts did not expect the higher than expected first quarter terms of trade figures to make much difference to the Reserve Bank's "on hold" stance on interest rate rises.
The terms of trade rose 1.1 percent as the lower New Zealand dollar and higher commodity prices drove export prices up 3.2 percent, but volumes fell 2.4 percent.
Dealers said a major power blackout in Auckland did not affect trading.
This week the market is expecting retail sales data tomorrow and a manufacturing survey on Friday, but Westpac markets strategist Michael Gordon said US consumer prices on Wednesday would make the most impact.
He did not expect a great deal of movement in the kiwi dollar this week with US64c probably the peak.
The following are Reuters currency rates:
5.30pm today 5pm Friday
NZ dlr/US dlr US63.33c US62.72c
NZ dlr/Aust dlr A84.66c A84.22c
NZ dlr/euro 0.5014 0.4962
NZ dlr/yen 72.25 71.43
NZ dlr/stg 0.3437 0.3405
NZ TWI 63.58 63.02
Australian dollar US74.83c US74.44c
Euro/US dollar US1.2627 US1.2641
US dollar/yen 114.08 113.90
- NZPA
<i>Currency:</i> Kiwi trades tightly, little moved by trade data
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