Extending its late Asian session's rally, the Australian dollar touched a 6-day high of 1.0238 against its Canadian counterpart around 3:10 am ET Wednesday. The aussie-loonie pair is presently worth 1.0233 with 1.0250/55 seen as the next likely resistance area.
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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.