The New Zealand dollar is little changed against the greenback ahead of United States inflation data this week that will help determine the likelihood of a US rate hike next month.
New Zealand currency (file picture).
The kiwi traded at US69.29 cents as at 8am today in Wellington from US69.28c in late New York trading on Friday.
The trade-weighted index was at 73.58 from 73.51.
Traders have priced in more than an 80 per cent chance of a hike by the Federal Reserve at its meeting next month, which would be the third increase this year.
Still, economists say October inflation figures on Wednesday in the US, expected to show core inflation of 1.7 per cent, will have a bearing on expectations.
"Views toward a December Fed hike will be tested with the October CPI important this week," said ANZ rural economist Con Williams.
"A miss on core expectations, at 1.7 per cent, could cause some pause for thought."
Meanwhile, news that 11 nations, excluding the US, have broadly agreed to a replacement deal to the Trans-Pacific Partnership may buoy currencies of nations heavily dependent on exports, including the kiwi.
"The export community will be cheering the tentative support shown by the new government and 10 other nations to the revamped TPPA," Mr Williams said.
On Monday morning, the kiwi traded at 90.42 Australian cents from A90.59c on Friday in New York and up from A90.23c in Asia at the end of last week.
It fell to 4.6008 yuan from 4.6074 yuan on Friday in the US. It traded at 52.51 British pence from 52.61p and at 59.38 euro cents from 59.50c. The kiwi fell to 78.62 yen from 78.78 yen.