The US dollar extended its late Asian session downtrend against the Swiss franc in early European deals Tuesday, falling to a weekly low of 0.9285 around 5:15 am ET.
The near-term support for the greenback-franc pair is seen at 0.9270. If the pair extends downtrend beyond this support, then the next target could be seen around the 0.9220 level.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.