As widely expected, the Swiss National Bank retained its interest rate close to zero and the EUR/CHF floor at 1:20. The Swiss franc edged higher against its major rivals following the decision. As of 3:32 am ET, the franc was trading at 1.2013 against the euro, 1.4805 versus the pound, 83.07 against the yen and 0.9563 against the dollar.
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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.