The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
The NZ dollar rose to a 9-day high of 1.2136 against the Australian dollar, from yesterday's closing value of 1.2186.
Against the U.S. dollar, the yen and the euro, the kiwi advanced to 0.5875, 93.31 and 1.9804 from Wednesday's closing quotes of 0.5868, 93.23 and 1.9813, respectively.
If the kiwi extends its uptrend, it is likely to find resistance around 1.20 against the aussie, 0.60 against the greenback, 95.00 against the yen and 1.95 against the kiwi.
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.