The US dollar erased some of its recent gains against the major currencies of Europe on Monday morning in New York. As of 11:05 am ET, the greenback was trading at 1.2775 against the euro, 0.9405 against the Swiss franc and 1.5815 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.