The New Zealand dollar touched 0.8359 against the US dollar in late Asian deals Tuesday, its strongest level since March 2 and 10-pips higher-than Monday's North American session closing value of 0.8349.
If the current bull run extends, the kiwi dollar may find resistance near 0.84, a level last hit about 9-months ago. In the event of a possible reversal, likely support is seen around the 0.8325 area.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.