After edging up in nearly morning session, the US dollar reversed its direction against the US dollar during New York afternoon deals on Tuesday. At 2:20 pm ET, the greenback dropped to a new multi-day low of 0.7934 versus the kiwi from previous session's high of 0.7883. The pair that closed yesterday's New York session at 0.7874 is now worth 0.7925.
For comments and feedback contact: editorial@rttnews.com
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.