Against its US counterpart, the New Zealand dollar declined further during New York afternoon deals on Thursday. At 1:40 pm ET, the kiwi dropped to a 6-day low of 0.7880 versus the greenback, compared to Wednesday's closing value of 0.7964.
The NZ currency also dropped further against the euro and the Japanese yen in today's afternoon session. Currently, the kiwi is trading near 1.5954 against the euro and 63.19 versus the yen from previous session's highs of 1.5821 and 64.05, respectively.
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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.