The Swiss franc edged sharply lower against the euro on Thursday morning in New York, hitting a fresh 2-month low of 1.2073 around 9:20 am ET. On the downside, the franc may find target around the 1.2085 level.
The franc also lost ground against the British sterling, falling to an 8-day low of low of 1.5059 around 9:25 am ET. If the franc weakens further, 1.5110 is seen as the next probable support level.
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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.