Against the currency of Europe, the yen climbed to a new multi-week high of 131.02 by about 10:30 pm ET Wednesday. The next resistance level for the yen is seen at 130.7. The euro-yen pair closed yesterday's New York deals at 132.20.
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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.