KEY POINTS:
The dollar's hefty bounce from overnight Wednesday lost height during the day session yesterday.
Having added US1.5c overnight on the back of a rebound by stock prices in the United States, the kiwi closed on US70.18c. That was still nearly a cent ahead of Wednesday's US69.30c close.
The kiwi fell as the yen rebounded from heavy losses in the previous session after British newspaper the Times reported that the co-head of RBS Greenwich Capital's collateralised debt obligations unit had left the bank.