The New Zealand dollar staged a sharp gain against major currencies at about 3:10 am ET Monday. At 3:15 am ET, the kiwi climbed to a 12-day high of 0.7505 against the US dollar and a 6-day high of 1.3384 versus the Australian dollar, which may be compared to last week's close of 0.7475 and 1.3437, respectively.
The NZ dollar also edged up against the euro and hit a high of 1.7519 by about 3:15 am ET from early low of 1.7608.
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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.