The U.S. dollar drifted lower against European major currencies in Europe on Friday.
The dollar touched a 2-day low of 1.5135 against the pound, easing from an early high of 1.5063.
The dollar declined to 0.9595 against the franc, a level not seen since May 16. On the downside, the greenback-franc pair is poised to find resistance around 0.95 level.
The greenback neared key 1.30 level against the euro, falling to a 2-day low of 1.2992, reversing from yesterday's multi-day high of 1.2821.
For comments and feedback contact: editorial@rttnews.com
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.