Extending its previous session's slide, the New Zealand currency fell against most major counterparts in early New York trading on Friday.
The kiwi is presently trading at fresh multi-month lows of 0.7959 against the greenback, 63.68 against the yen and 1.6537 against the euro with 0.785, 63.00 and 1.67, respectively seen as the next downside target levels.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.