The US dollar that advanced to a 1-week high of 0.9730 against the Swiss franc in early European trading on Tuesday pared gains in the succeeding trading hours. The greenback reached as low as 0.9608 against the franc before leveling off around 8:20 am ET.
The dollar-Swiss franc pair is presently worth 0.9610 with 0.9590 seen as the next likely support in near-term and 0.9550 seen as the longer-term support line and a move below this level could set its lowest level in record.
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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.