The Australian dollar weakened against other major currencies in the Asian session on Friday.
The Australian dollar fell to 3-day lows of 1.6248 against the euro and 113.65 against the yen, from yesterday's closing quotes of 1.6166 and 114.26, respectively.
Against the U.S. and the Canadian dollars, the aussie slid to nearly a 2-week low of 0.7167 and an 8-day low of 0.9859, from Thursday's closing quotes of 0.7214 and 0.9901, respectively.
If the aussie extends its downtrend, it is likely to find support around 1.66 against the euro, 112.00 against the yen, 0.70 against the greenback and 0.97 against the loonie.
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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.