The Australian currency wiped out its early losses against its major opponents in Asian morning deals on Monday.
The aussie is now trading at 1.1886 against the kiwi, 0.9614 against the greenback, 91.11 against the yen, 0.9766 against the loonie and 1.3866 against the euro, recovering from an early multi-week low of 1.1835, 4-day lows of 0.9555, 89.81, 0.9717 and 1.3981, respectively.
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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.