The Australian dollar extended its post-RBA sell-offs against the New Zealand dollar in early deals on Tuesday.
The aussie slipped to 1.1407 against the NZ dollar around 5:20 am ET, its weakest level since October 23 and down by more than 0.7 percent from a 5-day high of 1.1493 hit before the Reserve Bank of Australia's rate decision in the morning.
On the downside, the next likely support for the aussie-kiwi pair is seen around the 1.1340 area.
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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.