The euro declined to a 9-day low of 1.2725 against the Australian currency in European deals on Thursday. The euro-aussie pair is now trading at 1.2727 with 1.26 seen as the next downside target level. At yesterday's close, the pair was worth 1.2801.
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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.