The Australian dollar appreciated by more than 0.5 percent to a 10-day high of 1.0732 against its Canadian counterpart in early New York trading on Monday from Asian session's 4-day low of 1.0672. The next upside target for the cross is seen around the 1.0760 level.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.