The New Zealand dollar, which has shed about 1.5 per cent since the September 23 election, was little changed after mixed US data gave few clues to the pace of Federal Reserve monetary policy changes.
The kiwi traded at 72.14 US cents as at 8am in Wellington from 72.05 cents in New York on Friday and 72.10 cents in Wellington at the end of last week. The trade-weighted index rose to 76.10 from 75.98 in New York.
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NZ First leader Winston Peters says he won't begin talks on forming a coalition government until October 7, after special votes are counted, leaving the media to speculate on which way he will turn. US PCE deflator figures out last Friday were weaker than expected, coming in at a core 0.1 per cent month-on-month in August and raising doubts about the pace of US inflation, while the Chicago purchasing managers index jumped more than expected.