At 8.30 am ET Wednesday, U.S Consumer Price Index for January, Retail sales data for January and Empire State Manufacturing data for February are due. Consumer price is expected to remain at 0.3 percent month-over-month. Retail sales is expected to fall to 0.1 percent in January, from 0.6 percent in December.
Ahead of these data, the U.S.dollar rose against its major rivals.
The greenback was worth 1.0552 against the euro, 1.2418 against the pound, 1.0091 against the franc and 114.50 against the yen as of 8:28 am ET.
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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.