The New Zealand dollar closed weaker today after a lacklustre local trading session.
The kiwi was buying US65.37c at 5pm, from US65.63c at 5pm on Friday.
Meanwhile, the Australian dollar eased to US74.47c from US74.85c here on Friday.
Dealers said the kiwi traded down to US65.23c, while the aussie touched US74.35c.
"It's just testing support," a Wellington bank dealer said. "It's been offered most of the day."
"It's really range bound with a small downward bias but if it breaks below US65.20c, it's not looking too good."
The US dollar firmed in Tokyo trading as investors showed nervousness about the outcome of Taiwan's election.
The greenback rallied late in Friday's offshore session, partly due to speculation that Pakistani forces had surrounded al-Qaeda's second-in-charge, Ayman al-Zawahri.
The US dollar was buying 107.46 yen at 5pm in Wellington (107.22 at 5pm Friday) and the euro was at US$1.2392 (US$1.2385).
On the crosses at 5pm the kiwi was buying A87.78c (A87.66c), 0.5338 euro (0.5300), 70.24 yen (70.38 yen), 35.69 British pence (35.77), and 0.8318 Swiss francs (0.8258).
The trade-weighted index was at 65.47 (65.46), while the monetary conditions index was unchanged at plus 535.
Ninety-day bank bill yields were unchanged at 5.52 per cent.
The February 2006 yields were at 5.32 per cent (5.35), July 2009s were at 5.56 per cent (5.58), and April 2013s were at 5.71 per cent (5.74).
- NZPA
<I>Currency:</I> NZ dollar weakens in lacklustre local session
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