The New Zealand dollar resumed its Asian session rally against its major counterparts in early New York trading on Tuesday.
As of 10:20 am ET, the kiwi climbed to 1.6420 against the euro, its highest level since May 10. On the upside, the NZ dollar may find target around the 1.6360/65 level.
The NZ dollar also advanced to 0.7643 against the greenback, 60.74 against the yen and 1.2924 against the Australian dollar around the same time.
If the kiwi strengthens further, likely resistance levels are seen at 60.80 against the yen, 1.2915 against the aussie and 0.7680 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.