The dollar declined against the euro in Asian session on Monday. The dollar is currently trading near a 3-week low of 1.2909 against the euro, compared to Friday's close of 1.2895. The next downside target level for the dollar is seen at 1.300.
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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.