Erasing early decline, the Australian dollar climbed against most major currencies ahead of European deals on Tuesday.
The aussie climbed to a 5-day high of 0.9835 against the greenback and a 6-day high of 1.0079 versus the loonie, reversing from early lows of 0.9751 and 1.0015, respectively.
The aussie hit a 4-day high of 1.3112 against the euro, off its early Asian session's 4-day low of 1.3201.
The Australian currency that declined to 100.13 against the yen in previous deals bounced back and climbed to a 5-day high of 100.80.
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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.