The Australian dollar proceeded with its early advance against most major currencies in European deals on Wednesday.
The aussie hit 1.4362 against the euro, its highest since July 29.
The aussie climbed to more than a 2-week high of 0.9169 against the greenback. Against the yen, the aussie advanced to 91.31 for the first time since July 26.
The aussie may face resistance around 1.42 against the euro, 92.00 against the yen and 0.925 against the greenback.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.