The U.S. dollar that rose against the European majors in early Asian deals on Wednesday moved sideways in late trading and began strengthening again in the early European session. The dollar is currently worth 1.2580 per euro, 1.5658 against the pound and 0.9554 against the franc.
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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.