The euro bounced back from previous session's downward trading against the commodity oriented currencies in New York mid-day deals on Wednesday.
After touching fresh multi-day lows of 1.2448 against the Australian dollar, 1.2667 versus the Canadian dollar and 1.5714 against the NZ dollar at around 8:40 am ET, the euro reversed its direction and presently trading near 1.2472, 1.2738 and 1.5779, 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.