The European common currency eased from early morning session's uptrend against major opponents in New York afternoon trading on Monday.
The euro that hit new multi-month highs of 1.3173 against the US dollar and 103.88 versus the Japanese yen by about 9:40 am ET, edged down thereafter and as of now worth 1.3110 and 103.25, respectively.
Against the British pound, the euro also declined in afternoon session from previous session's high of 1.8103 and presently trading near 0.8067.
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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.