The Australian dollar declined against the US and Canadian dollars in early deals on Monday. As of now, the aussie is trading at a 1-week low of 1.0716 against the greenback and a 12-day low of 1.0607 against the loonie, compared to last week's close of 1.0734 and 1.0623, respectively. The next downside target level for the aussie is seen at 1.065 against the greenback and 1.055 against the loonie.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.