The US dollar edged down against major European currencies in New York mid-morning trading on Tuesday. After a slight gain in late European session, the greenback reversed its direction against the euro in New York morning and fell to 1.3271 by about 11:15 am ET, the lowest value since 12 December, 2011.
Against its Swiss counterpart, the dollar also slipped from late European session's high of 0.9229 and touched a 6-day low of 0.9118 as of 11:05 am ET. The pair that closed yesterday's New York session at 0.9189 is now worth 0.9125.
The US currency extended its previous session's downward trading against the British pound during New York morning today. At 11:15 am ET, the greenback dropped to a new multi-month low of 1.5906 versus the sterling, which may be compared to Monday's closing value of 1.5824.
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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.