The Australian dollar erased some of its early losses against the currencies of Europe, Japan and U.S. in the European session on Friday.
The aussie is now trading at 1.0413 against the greenback, 84.38 against the yen and 1.2651 against the euro, compared to early lows of 1.0372, 83.87 and 1.2693, respectively.
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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.