The Australian dollar proceeded with early gains against most major rivals ahead of European deals on Monday.
The aussie climbed to 6-day highs of 1.4836 against the euro and 0.9167 against the greenback. Against the yen and the loonie, the aussie rallied to a 12-day high of 93.91 and an 11-day high of 0.9731, respectively.
The next possible upside target for the aussie is seen around 0.925 against the greenback, 95.00 against the yen, 1.47 against the euro and 0.985 against the loonie.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.