The Australian dollar has been declining against the Japanese yen in European morning deals on Monday. The aussie that closed Friday's deals at 80.12 against the yen reached a 5-day low of 79.85 at 4:20 am ET. If the aussie slides further, it may target 79.00 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.