The US dollar showed weakness against the UK currency in early European trading on Friday. As of now, the greenback is quoted at 1.5656 against the pound, down from 1.5615 hit late New York Thursday. On the downside, the dollar may find target around the 1.5670 level.
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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.