The New Zealand dollar extended its early European session's rally against the US dollar ahead of the North American session on Tuesday.
The kiwi climbed to 0.8498 against the greenback around 7:45 am ET, its strongest level since February 15 and nearly 40 pips higher than Monday's close of 0.8461. The next barrier for the pair is seen around the 0.85 level.
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Forex News
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.