The New Zealand dollar strengthened against other major currencies in the Asian session on Monday.
The NZ dollar rose to nearly a 1-1/2-month high of 1.2290 against the Australian dollar, from last week's closing value of 1.2380.
Against the U.S. dollar, the yen and the euro, the kiwi advanced to 4-day highs of 0.5607, 88.65 and 1.9926 from Friday's closing quotes of 0.5546, 87.89 and 2.0094, respectively.
If the kiwi extends its uptrend, it is likely to find resistance around 1.21 against the aussie, 0.58 against the greenback, 0.90 against the yen and 1.98 against the euro.
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November 06, 2026 14:11 ET Central banks continued to be in focus this week too with many of them raising rates and warning of more tightening in the face of persistently high inflation as energy prices surge amid the Middle East conflict. In other economic news, survey results on the manufacturing sector and data on the labor market were the main events in the U.S. Inflation data also garnered attention in Europe as prices pressures keep climbing, raising concern for policymakers.