After touching more than a 2-month low of 1.2034 by about 10:50 am ET, the European common currency reversed its direction against the Swiss franc during New York afternoon trading on Tuesday. At present, the euro is trading near 1.2043 versus the franc.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.