The Australian dollar continued its decline against the NZ dollar in the Asian session on Tuesday amid weak regional stocks.
The aussie is now trading near 5-month low of 1.2651 against the kiwi, compared to Monday's New York session close of 1.2685. The next support level for the aussie-kiwi pair is seen at 1.26.
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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.