The pound extended its recent rally versus its Swiss counterpart on Tuesday, hitting nearly the key 1.50 level for the first time in June. The pound-franc pair is presently trading nearly a 4-week high of 1.4994 with 1.5040 seen as the next likely resistance level.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.