After moving sideways in the Asian session on Wednesday, the pound is falling slightly against the currencies of Europe and Switzerland ahead of the European deals. At present, the pound is worth 1.4944 against the franc and 0.8042 against the euro, compared to yesterday's close of 1.4960 and 0.8033, respectively.
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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.