The Australian dollar has given up its early gains against most major currencies in European trading on Friday.
The aussie is trading at 0.9249 against the greenback, 0.9510 against the loonie and 1.4335 against the euro, retreating from early 2-day highs of 0.9295, 0.9544 and 1.4291, respectively.
The aussie touched a 10-day low of 91.19 against the yen, reversing from prior high of 91.92.
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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.