The Kiwi had its sixth weekly gain and held steady after the central bank held rates steady on Thursday. There had been an expectation that it might have reached even greater heights, but is being subdued by selling interest at current levels.

A raft of fresh data is due out next week in New Zealand, with both international trade figures and building consents data due to be released. In relation to the pound sterling is coming out the loser in terms of growth and inflation. Whether this result bears any indication on the outcome of the British and Irish Lions against the mighty All Blacks remains to be seen.