Extending decline, the Australian dollar slipped against the New Zealand dollar in the early European session on Thursday.
The aussie slipped to a 1-week low of 1.2515 versus the kiwi and the next downside target level for the aussie-kiwi pair is likely seen at 1.247. The pair ended yesterday's deals at 1.2580.
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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.