The New Zealand dollar was slightly weaker against the greenback as investors awaited any more news on the trade front as well as this week's cash rate decision from New Zealand's central bank.
The New Zealand dollar is hovering around 69 US cents as trade war jitters continue to ramp up but attention could shift to the domestic arena tomorrow if the first quarter gross domestic product data surprises. The kiwi traded at 69.01 US cents as at 5pm in Wellington versus 68.96 US cents as at 8am in Wellington and 68.83 cents late yesterday. The trade-weighted index fell to 73.33 from 73.49.
The New Zealand dollar held its gains against the greenback and could push slightly higher in the short term as risk appetite remains firm.
The New Zealand dollar gained against the euro and was treading water against the greenback as investors remained jittery in the face of Italy's deepening political crisis.
The New Zealand dollar fell against the US dollar ahead of minutes from the last US Federal Reserve policy meeting and after US President Donald Trump hinted at further tax cuts.
The New Zealand dollar held overnight gains against the greenback as investors remain cheered about cooling trade tensions between the US and China.
The New Zealand dollar remained weak against the Australian dollar as sentiment across the Tasman was boosted by waning fears of a global trade war.
The New Zealand dollar was unchanged against the greenback in quiet Monday trading and ahead of the central bank's rate decision this week.