The New Zealand dollar advanced to a 2-day high of 1.6640 against the euro on Wednesday morning in New York, up by more than 1 percent from its Asian session low of 1.6822.
The 10-day simple moving average level has broken in the pair at 1.6680 and its next barrier is seen around the 1.6550 area, its 15-day SMA. Beyond that, 1.65 level is the key resistance.
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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.