During late New York trading on Monday, the Australian dollar traded further higher against the US dollar. As of now, the Aussie is trading near 1.0211 versus the greenback from early European session's 10-day low of 1.0157. On the upside, 1.0222 is seen as the next target level for the Australian unit.
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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.