The euro continued to creep higher against the Australian dollar in early European deals on Friday, trading back above the key 1.32 level after a gap of 17-months.
The euro rose as high as 1.3216 against the Australian dollar around 3:05 am ET, its strongest level since December 2011. Next key levels to watch on the upside are 1.3225/30, 1.35 and 1.3650.
For comments and feedback contact: editorial@rttnews.com
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.