As widely expected, the Swiss National Bank retained its Libor rate zero and franc cap unchanged at 1.20. The franc edged higher against its major rivals after the SNB announcement.
As of 3:32 am ET, the franc was trading at 0.9289 against the US dollar, 105.29 against the yen, 1.4360 against the pound and 1.2314 against the euro.
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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.