The euro that soared to more than a 2-month high against the Swiss franc on SNB intervention talks last week slipped back to its familiar ranges in early deals Tuesday. The euro is presently trading at a 4-day low of 1.2015 against the franc with 1.2005 seen as the next likely support level ahead of central bank ceiling of 1.20.
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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.