Extending its previous session's downtrend, the euro reached 1.2046 against its Swiss counterpart on Friday morning in New York, its lowest level since February 27. The euro-franc pair is presently worth 1.2047 and a move below the 1.2043 level could set its weakest mark in nearly 2-months.
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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.