The New Zealand dollar jumped against the U.S. currency in early Asian deals on Monday. The kiwi-greenback pair is currently trading near a 4-week high of 0.7224, compared to last week's close of 0.7210. On the upside, 0.735 is seen as the next target level for the NZ dollar.
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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.