The yen touched a 9-day high of 79.15 against the dollar on Friday morning in Asia, compared to 79.46 hit late New York Thursday. On the upside, the Japanese currency may find target around the 78.90 level.
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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.