The dollar declined against the euro in Asian session on Monday. The dollar is currently trading near a 3-week low of 1.2909 against the euro, compared to Friday's close of 1.2895. The next downside target level for the dollar is seen at 1.300.
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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.