The US dollar showed weakness against the UK currency in early European trading on Friday. As of now, the greenback is quoted at 1.5656 against the pound, down from 1.5615 hit late New York Thursday. On the downside, the dollar may find target around the 1.5670 level.
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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.