The European single currency traded further lower against its Australian counterpart in New York morning deals on Tuesday. The euro is currently trading near a new 1-week low of 1.2417 versus the Aussie, compared to 1.2495 hit late New York Monday.
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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.