The U.S. dollar recouped its early losses against its European major counterparts in early European trading on Thursday amid Spanish bond auction results.
The greenback is now trading at 1.5644 against the pound, 0.9794 against the franc and 1.2267 against the euro, compared to early fresh 2-week low of 1.5696, 9-day lows of 0.9749 and 1.2325, respectively.
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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.