NZ dollar held below US73c at the local open as investors shrugged off Washington legislators' inability to reach a deal over the shutdown of govt services.
Manufacturing activity fell to a five-year low in December as businesses deferred major decisions until there is more clarity after the change in government.
New Zealand shares were mixed as Fisher & Paykel Healthcare fell on the stronger Kiwi dollar while property stocks rebounded from earlier selling.
The New Zealand dollar has dipped to US72.84 cents as US investors returned to work and halted the sell-off of the USD and a good dairy auction was ignored.
New Zealand shares rose in light trading, led higher by A2 Milk on a rival's earnings upgrade and Auckland International Airport gaining.
New Zealand shares fell in light volume on Monday as holiday trading continued, with Pushpay Holdings and Fonterra Shareholders Fund leading the losses.
The kiwi gained as new records on Wall Street spurred a global rally in equity markets and stoked investors' appetite for other risk-sensitive assets.
New Zealand shares fell over 1 per cent on Thursday as foreign investors sold back their stakes, with A2 Milk Co and Meridian Energy hit hardest.
New Zealand shares fell on Monday, led lower by Metro Performance Glass and Sky Network Television, while Comvita, A2 Milk and Synlait Milk gained.
New Zealand shares gained on Thursday, led higher by Ryman Healthcare and Stride Property, as Plexure Group dropped following a price enquiry.
The return of sailing's Auld Mug, a boy racer made good, a giant shot put heave and women's rugby exploits provide the memorable Kiwi sporting moments of 2017.
NZ shares dipped on Friday in the final trading day of 2017 on lacklustre holiday volumes, rounding out a 22 per cent annual gain for the benchmark index.