The Australian dollar extended its early gains against the euro in early European deals on Tuesday. The aussie climbed to 1.2467 per euro in a gap of 5 days. The next upside target level for the aussie is seen at 1.24. The euro-aussie pair closed Monday's deals at 1.2495.
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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.