The Australian and New Zealand dollars trimmed its early losses against their major counterparts in late Asian deals on Wednesday.
The aussie is now trading at 0.9696 against the loonie, 90.42 against the yen, 0.9483 against the greenback and 1.4112 against the euro, up from early lows of 0.9653 and 90.05, 6-day low of 0.9433 and 8-day low of 1.4194, respectively.
The kiwi bounced off from prior lows of 0.7960 against the greenback, 75.92 against the yen and 1.6822 against the euro and is trading at 0.7995, 76.24 and 1.6738, 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.