The Chinese yuan erased some of its early losses against the U.S. dollar in late Asian deals on Thursday.
The yuan is now trading at Wednesday's close of 6.1312 per dollar, bouncing off from its early 3-day low of 6.1347.
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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.