The Australian dollar extended previous session's rally against its major counterparts in early New York trading on Monday.
The aussie is presently trading at a 6-day high of 1.0544 against the US dollar and 1.0491 against the Canadian dollar.
The Australian currency also climbed to a 5-day high of 1.2628 against the euro and a 4-day high of 87.13 against the yen around 8:30 am ET.
On the upside, the aussie may find target levels at 1.0625 against the greenback, 1.2460 against the euro, 87.40 against the yen and 1.0525 against the Canadian dollar.
For comments and feedback contact: editorial@rttnews.com
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.