Australia is set to release its trade balance report for April at 9:30 pm ET. The trade deficit is expected to have shrunk A$900 million in the month from A$1.59 billion deficit in March.
The Australian dollar halted its recent downtrend against its major rivals ahead of the report. As of 9:25 am ET, the aussie was trading at 0.9867 against the greenback, 1.2708 against the euro, 78.50 against the yen and 1.2906 against the NZ dollar.
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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.