The Australian dollar weakened against other major currencies in the Asian session on Friday.
The Australian dollar fell to more than a 2-week low of 1.6340 against the euro and a 4-day low of 0.9885 against the Canadian dollar, from yesterday's closing values of 1.6340 and 0.9917, respectively.
Against the U.S. dollar and the yen, the aussie dropped to 8-day lows of 0.7106 and 113.65 from Thursday's closing quotes of 0.7131 and 114.08, respectively.
The aussie edged down to 1.2138 against the NZ dollar, from yesterday's closing value of 1.2150.
If the aussie extends its downtrend, it is likely to find support around 1.64 against the euro, 0.90 against the loonie, 0.70 against the greenback, 111.00 against the yen and 1.98 against the kiwi.
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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.