The return to work in the United States and London after a break on Monday boosted interest in the New Zealand dollar.
The kiwi's narrow trading range belied the bigger flows in the southernmost dollar yesterday. At 5 pm the kiwi traded at 42.14USc.
"Basically it hasn't really moved. There has been quite good liquidity today though, and some reasonable two-way flows," one dealer said.
BNZ forex manager Greg Ball said the euro softened overnight in the face of greenback gains on better consumer confidence data in America.
Any positive growth data reassures optimists who think the US will avoid a recession.
- NZPA
<i>Currency:</i> Kiwi wakes up
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