The U.S. Dollar value ticked lower following the announcement by U.S. President Donald Trump on Sunday of a preliminary agreement between the U.S. and Iran to end their more-than-100-day conflict.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 99.68, down by 0.06 (or 0.06%) today.
The data released by the U.S. Federal Reserve showed that on a month-on-month basis, the industrial production increased by 0.10% in May, and on a year-on-year basis, it rose by 1.70%.
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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.