After hitting more than a 1-month high of 1.2040 by about 8:30 am ET, the European common currency reversed its direction against the Swiss franc in New York mid-day trading on Friday. At present, the pair is trading at 1.2018.
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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.