The U.S. dollar climbed higher on Thursday, extending gains from the previous session after the Federal Reserve raised rates by 75 basis points and signaled more hikes in the coming months to rein in inflation.
In U.S. economic releases today, the Labor Department's report showed initial jobless claims inched up to 213,000 in the week ended September 17th, an increase of 5,000 from the previous week's revised level of 208,000.
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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.