The European currency that strengthened against the New Zealand dollar on Wednesday's early deals erased some of its gains in early New York trading.
The euro slipped back to below the 1.59 mark against the kiwi around 9:20 am ET, down almost 0.3 percent from early European session's fresh 3-month high of 1.5940.
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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.