The dollar extended previous session's uptrend against the major currencies of Europe, rising to 2-day highs of 1.5641 against the pound, 0.9537 against the Swiss franc and 1.2596 against the euro around 10:25 am ET Thursday. On the upside, the greenback may find resistance levels at 1.2550/55 against the euro, 0.9560 against the franc and 1.5620 against the pound.
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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.