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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.