The U.S. dollar firmed against most of its major counterparts on Friday after staying a bit sluggish for much of the day's session.
The Federal Reserve's hawkish tone earlier this week continued to push up the demand for the currency.
Data showing a contraction in U.S. business activity in the month of December weighed on dollar earlier in the session, but the currency slowly edged its way up to eventually settle fairly well above the flat line.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.