Wall Street dropped on disappointment with Friday's non-farm payrolls report and investors are looking to the start of the first-quarter earnings season for fresh clues.
The kiwi may rise this week on speculation the Federal Reserve will introduce a third round of asset purchases after a report showed US employers added fewer jobs last month than expected.
Kiwi rises as investors prepare for Easter, when US employment figures will be released and are expected to show more signs of life in the world’s biggest economy.
The kiwi tumbled after the Federal Reserve ruled out any additional monetary stimulus, removing a threat to the US dollar, which rallied against most major currencies.
Minutes from last month's US Federal Reserve meeting quashed hopes for a fresh liquidity boost from monetary policy makers, lowering the appeal of equities and bonds.