The U.S. dollar turned in a mixed performance against its major counterparts on Tuesday with traders assessing the likely interest-rate move by the Federal Reserve in the wake of the latest data on U.S. consumer price inflation.
Data from the Labor Department showed the U.S. consumer price index climbed by 0.4% in February after rising by 0.3% in January.
Excluding food and energy prices, core consumer prices also rose by 0.4% in February, matching the increase seen in January. Economists had expected core prices to rise by 0.3%.
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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.