After a brief pause ahead of the European session, the US dollar resumed its early Asian session's downtrend against the major currencies of Europe in early London session on Monday. The greenback is presently trading at 1.3021 against the euro, 0.9229 against the Swiss franc and 1.6150 against the pound.
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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.