The US dollar advanced further versus the rest of majors in early New York trading on Monday. The dollar soared to a 5-day high of 108.18 versus the yen, compared to today's early Asian session low of 107.48. The dollar also strengthened to 1.0501 versus the Swiss franc, 1.5567 versus the euro and 1.9665 against the pound during this time. Traders are now likely to focus on U.S. personal income, spending and the PCE data, which have been scheduled to release at 8:30 am ET.
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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.