The U.S. dollar climbed to a 10-day high of 1.5825 against the pound at 5:50 am ET Thursday. The pair is now trading at 1.5892, compared to yesterday's close of 1.5832. On the upside, the greenback may target 1.57 level.
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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.