The New Zealand dollar weakened against other major currencies in the European session on Wednesday.
The NZ dollar fell to a 13-year low of 1.2230 against the Australian dollar, from an early high of 1.2178.
Against the U.S. dollar, the yen and the euro, the kiwi dropped to 2-day lows of 0.5857, 93.48 and 1.9991 from early highs of 0.5892, 94.01 and 1.9884, respectively.
If the kiwi extends its downtrend, it is likely to find support around 1.23 against the aussie, 0.57 against the greenback, 91.00 against the yen and 2.01 against the euro.
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Forex News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.