The Australian dollar extended its previous session uptrend against major opponents following the release of westpac consumer sentiment index data in early Asian trading on Wednesday. A report released by the AiG showed that westpac consumer sentiment index in March increased 0.2 percent.
At present, the Aussie is trading near a new multi-week high of 0.9164 against the US dollar, a fresh multi-year high of 1.4858 versus the euro, a new multi-day high of 0.9410 against the loonie and 82.49 versus the yen, compared to Tuesday's closing values of 0.9142, 1.4886, 0.9380 and 82.25, respectively.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.