After an eight-session winning streak, the U.S. dollar turned a bit easy on Tuesday as investors looked at riskier assets amid optimism about the outcome of upcoming trade talks between U.S. and Chinese officials.
Somewhat positive developments on border wall funding issue too prompted investors to go for riskier investments.
After preliminary junior level talks between China and the U.S. that began in Beijing on Monday, the much anticipated and more crucial trade negotiations are set to take place over the next couple of days.
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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.