The U.S. dollar extended its upward trading against the Swiss franc in European deals on Wednesday on risk aversion following Standard and Poor's downgrade of credit rating outlook on Greece.
The dollar climbed to 0.9742 against the franc, its strongest level since August 3 and the next resistance level for the dollar is seen at 0.98. The pair closed Tuesday's deals at 0.9691.
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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.