In New York trading on Friday, the Australian and NZ dollars trimmed early losses against the U.S. dollar.
The aussie is now trading at 0.9700 against the greenback, up from an early new multi-month low of 0.9585.
Against the greenback, the kiwi that fell to a fresh multi-month low of 0.7459 at 8:30 am ET gained thereafter and the pair is now trading at 0.7544.
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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.