Following the release of Bank of England's minutes of monetary policy meeting held on June 5 and 6, the pound halted its uptrend against its major counterparts.
The pound is now worth 1.5651 against the greenback, 1.4392 against the franc, 148.45 against the yen and 0.8553 against the euro.
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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.