The Australian dollar extended its previous session downtrend against most major currencies in New York morning trading on Monday. At around 10:00 am ET, the Aussie dropped to nearly 2-month lows of 0.9569 against the US dollar and 0.9804 versus the Canadian dollar, which may be compared to last week's closing values of 0.9645 and 0.9848, respectively. Currently, the Aussie is trading near 0.9597 against the greenback and 0.9834 versus the loonie.
After edging up to 81.41 in early European session, the Aussie traded lower against its Japanese counterpart during today's New York morning and fell to 80.76 by about 10:00 am ET. As of now, the pair is worth 80.93.
For comments and feedback contact: editorial@rttnews.com
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.