The U.S. dollar pulled back from its early gain against its European major counterparts during European morning deals on Wednesday.
The greenback that rose to 0.9651 against the franc and 1.2449 against the euro around 3:10 am ET is now trading at 0.9631 and 1.2475, respectively.
Against the pound, the greenback approached 1.5819 for the first time since May 22.
For comments and feedback contact: editorial@rttnews.com
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.