The Australian dollar lost ground against the European currency in the European morning session on Friday.
The aussie slipped to a 1-1/2-year low of 1.3381 against the euro, down from yesterday's close of 1.3266. The aussie may eye support around 1.35 level.
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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.