The New Zealand dollar hovered within sight of a 13-month high on Thursday, as investors moved to buy riskier, higher yielding assets amid rising confidence about global economic recovery. Kiwi in a tight range around $0.7140, after touching an offshore high of $0.7157, the best since August 22 last year. US dollar and the yen stay under pressure, with eyes notably on the US dollar index and whether it falls below key support level.