The New Zealand dollar erased most of its Asian session losses against the US dollar in early deals on Wednesday.
The kiwi climbed to more than a 3-week high of 0.8079 against the greenback around 5:00 am ET, bouncing back from a session's low of 0.8037.
On the upside, the next major resistance for the kiwi-buck pair is seen around the 0.8100/10 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.