After touching a fresh multi-year low of 1.5560 at around 11:00 am ET, the European common currency reversed its direction against the New Zealand dollar during afternoon trading on Wednesday. As of now, the pair is trading at 1.5591.
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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.