The New Zealand dollar advanced against most major currencies in early Asian deals on Tuesday amid a gain in regional stocks. Reserve Bank of New Zealand's business confidence rose to 15.1% in July from 12.6% last month.
The kiwi edged up to 63.40 against the yen, 0.8109 against the greenback and 1.5144 against the euro, compared to Monday's close of 63.27, 0.8091 and 1.5164, respectively. The next upside target level for kiwi is seen at 64.00 against the yen, 0.815 against the greenback and 1.51 against the euro.
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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.