The European single currency traded further lower against its Australian counterpart in New York morning deals on Tuesday. The euro is currently trading near a new 1-week low of 1.2417 versus the Aussie, compared to 1.2495 hit late New York Monday.
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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.