The U.S. dollar turned in a mixed performance against its major counterparts on Wednesday, reacting to the latest batch of economic data from major countries.
Markets were awaiting details of U.S. President Joe Biden's infrastructure plan to be announced in a speech later today in Pittsburgh.
The Washington Post reports the first part of Biden's infrastructure package could cost $2.25 trillion, with the focus on physical infrastructure, housing, clean energy and manufacturing, among other areas.
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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.