Following the release of Germany's flash consumer price figures for the month of May at 8.00 am ET, the euro held steady against its major counterparts. As of 8:02 am ET, the common currency was trading at 1.2525 against the US dollar, 0.7995 against the pound, 99.66 against the yen and 1.2017 against the Swiss 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.