The Australian dollar weakened against other major currencies in the European session on Thursday.
The Australian dollar fell to near 2-month lows of 0.6990 against the U.S. dollar and 1.6503 against the euro, from early highs of 0.7012 and 1.6473, respectively.
Against the yen and the Canadian dollar, the aussie slid to more than a 1-month low of 112.21 and nearly a 1-month low of 0.9748 from early highs of 112.54 and 0.9782, respectively.
If the aussie extends its downtrend, it is likely to find support around 0.68 against the greenback, 1.68 against the euro, 111.00 against the yen and 0.96 against the loonie.
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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.