Bouncing back from Thursday's 9-day low of 1.2673 against the Australian dollar, the New Zealand currency touched a 3-day high of 1.2547 in early Asian trading on Friday. The kiwi is poised to re-test the strong resistance line of 1.2540 against the aussie in the near-term and a move above this level could set its strongest mark in more than 6-months.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.