The Swiss franc depreciated by more than 0.6 percent to a 4-day low of 1.4467 against the Swiss franc around 3:50 am ET Tuesday from yesterday's weekly high of 1.4558.
The pound-franc pair may extend its downtrend as its overnight rally above the 1.4550 level seems a failure to sustain its bullish momentum. Next key levels to watch for the pair on the downside are 1.4425, 1.44 and a key support at 1.43.
For comments and feedback contact: editorial@rttnews.com
Forex News
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.