At 4.00 am ET Friday, German Ifo business confidence survey results were released. After the data, the euro advanced against its major rivals.
The euro is now worth 1.2953 against the greenback, 131.63 against the yen, 0.8575 against the pound and 1.2526 against the 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.