Following the release of ADP U.S. private sector employment report for May at 8:15 am ET, the US dollar declined against its major counterparts. As of 8:17 am ET, the dollar was trading at 1.2413 against the euro, 0.9679 against the Swiss franc, 1.5513 against the pound and 78.74 against the yen.
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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.