Spain HCOB Manufacturing PMI below forecasts (53.7) in May: Actual (51.2)

Jun 1, 2026

Australian Dollar softens below 0.7200 amid ongoing Middle East tensions

The AUD/USD pair loses momentum to around 0.7180 during the early European trading hours on Friday. Rising tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD).

Forex Today: Markets shrug off escalating tensions in Middle East

Here is what you need to know on Monday, June 1: