The U.S. dollar exhibited strength against most major currencies on Tuesday even as traders continued to weigh the likely impact of U.S.-China trade conflicts on the global economy and digesting the latest batch of economic data
The dollar index rose to a high of 97.55 and was last seen up 0.17%, at 97.52.
The Japanese yen, which rose sharply on safe haven appeal on Monday, retreated today, contributing notably to the greenback's strength.
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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.