After recovering its early slide in late Asian deals on Tuesday, the New Zealand dollar gained further against the US dollar and yen in early European session.
The kiwi is currently trading at 1-week highs of 60.81 against the yen and 0.7650 against the greenback. The next upside target level for the kiwi is seen at 61.0 against the yen and 0.768 against the greenback.
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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.