The New Zealand dollar gained ground against most major currencies in European deals on Monday.
The kiwi climbed to a 4-day high of 0.8580 against the greenback, off early low of 0.8524.
The kiwi hit a 4-day high of 87.38 against the yen, recovering from an early multi-day low of 86.27.
The kiwi climbed to 1.6181 against the euro, a level unseen since November, 2013. This may be compared to an early 4-day low of 1.6312.
The next possible upside target for the kiwi lies around 89.00 against the yen, 1.61 against the euro and 0.87 against the greenback.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.