During early Asian trading on Thursday, the US dollar traded further lower against its major European counterparts.
The greenback is presently trading near a new multi-month low of 1.5889 against the British pound, fresh multi-week lows of 1.2545 versus the euro and 0.9577 against the Swiss franc, which may be compared to yesterday's closing values of 1.5884, 1.2530 and 0.9588, respectively.
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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.