Against the currency of Europe, the yen climbed to a new multi-week high of 131.02 by about 10:30 pm ET Wednesday. The next resistance level for the yen is seen at 130.7. The euro-yen pair closed yesterday's New York deals at 132.20.
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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.