Against its British counterpart, the euro extended its previous session's downward trading during New York mid-day deals on Tuesday. The euro declined to a fresh multi-week low of 0.7986 versus the sterling by about 11:55 am ET from Monday's closing value of 0.8031.
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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.