The Australian dollar depreciated by more than 0.6 percent to reach a 2-day low of 0.9362 against the Canadian dollar in early Asian trading on Thursday from yesterday's 9-day high of 0.9422. The next downside target for the aussie-loonie pair is likely to be seen around the 0.9330 level. The pair closed Wednesday's North American trading at 0.9383.
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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.