Reversing early losses, the New Zealand dollar climbed against its U.S. and European counterparts in early European deals on Wednesday.
The kiwi hit a 2-day high of 1.6842 against the euro, rebounding from an early low of 1.6947. On the upside, the kiwi may seek resistance around the 1.673 level.
The kiwi that bounced off from an early low of 0.7718 against the greenback reached as high as 0.7763. If the kiwi extends its uptrend, its next probable resistance lies around the 0.782 level.
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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.