The New Zealand dollar traded in a very narrow range today.The government accounts for the eight months to February did not provide any impetus and there were no market moving events in the Australian diary today.The NZ dollar was at 70.73USc at 5pm from
The New Zealand dollar traded in a very narrow range today.
The government accounts for the eight months to February did not provide any impetus and there were no market moving events in the Australian diary today.
The NZ dollar was at 70.73USc at 5pm from 70.62USc at 8am and 70.46USc at 5pm yesterday.
"It has traded in a narrow 70.60USc to 70.80USc range. I think markets are thinking about the weekend and the nice weather out there," said Danica Hampton, currency strategist at BNZ.
Against the Australian dollar, the NZ dollar edged up to 76.22Ac at 5pm, from 75.91Ac at the same time yesterday.
The Australian dollar was up nearly a US cent this week and was near 20-month highs in trade-weighted terms, Reuters reported.
The NZ dollar was at ¥66.14 at 5pm from ¥65.65 yesterday, and was €0.5294 from €0.5283 yesterday.
The trade weighted index rose to 65.82 from 65.61 yesterday.
