Extending its previous session's downtrend, the Australian dollar declined further against the Canadian dollar during New York mid-day deals on Thursday. As of now, the Aussie is trading near a 2-day low of 1.0349 versus the loonie, compared to 1.0383 hit late New York Wednesday.
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Business 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.