The U.S. dollar is higher against most major currencies on Wednesday, amid signs growth in the world's largest economy is well on track.
The dollar index is gaining 0.33%, at 96.38, displaying strength against a basket of major currencies.
The dollar is trading at 1.1369 against the Euro, strengthening from previous close of 1.1406, after data out of Germany showed a drop in the country's factory orders for a second straight month.
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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.