The Australian dollar continued to creep higher against its Tasman rival in late Asian deals Wednesday, rising to near 1.2950 for the first time since June 6. The next upside target for the aussie-kiwi cross is seen around the 1.3050 level.
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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.