After moving broadly sideways in late Asian and early European sessions, the New Zealand dollar resumed its early Asian session's uptrend against other major currencies ahead of the North American deals on Tuesday.
The New Zealand dollar touched 0.8294 against the greenback, its strongest level since October 2.
The kiwi also climbed a tad above 66.50 against the yen and challenged Asian session's fresh 2-month peak of 1.5444 against the euro around 7:10 am ET.
The NZ dollar also recovered some of its Asian session losses against the aussie, with the pair approaching 1.26.
On the upside, the New Zealand currency may find target levels at 0.8310 against the greenback, 1.54 against the euro, 1.2565 against the aussie and 66.80 against the yen.
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.