The New Zealand dollar moved out of its late Asian session consolidation mode against its major rivals in early deals on Thursday.
The kiwi climbed to 1.2565 against the aussie around 6:10 am ET, its highest level since April 13. On the upside, the NZ dollar may find target around the 1.2530/35 level.
The New Zealand currency also advanced to 1.5510 against the euro around 6:00 am ET, its strongest level since August 28. On the upside, the kiwi may find resistance around the 1.5460 level.
The NZ dollar jumped to a 3-day high of 0.8291 against the greenback and a 2-day high of 64.41 against the yen around 5:50 am ET. If the kiwi extends gains, likely resistance levels are seen at 0.8320 against the buck and 64.60 against the yen.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.