The U.S. dollar largely stayed firm against most of its rivals on Tuesday, although its movements against some of the currencies were largely sluggish as worries about escalating U.S.-China trade tensions continued to weigh on market sentiment.
The dollar index advanced Tuesday morning and stayed above the unchanged line, save for a brief while around late morning when it faltered and slipped slightly into the red before edging higher again.
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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.